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Use the Figure Below to Answer the Following Question

Question 47

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Use the figure below to answer the following question.
Use the figure below to answer the following question. Figure 2.1.6 -Figure 2.1.6 shows the production possibilities frontier for a firm that produces pet food.Point A is ________ and point B is ________.This PPF ________ illustrate scarcity because ________. A) unattainable;attainable;does;because the firm cannot attain the points outside the frontier B) attainable;unattainable;does not;the firm can produce any quantity it wants if it is willing to pay a high enough price C) unattainable;attainable;does not;the firm can produce any quantity it wants if it is willing to pay a high enough price D) attainable;unattainable;does;the firm cannot produce points outside the frontier and as the firm moves along the PPF, it cannot produce more dog biscuits without producing less cat food E) attainable;unattainable;does not;it is downward sloping
Figure 2.1.6
-Figure 2.1.6 shows the production possibilities frontier for a firm that produces pet food.Point A is ________ and point B is ________.This PPF ________ illustrate scarcity because ________.


A) unattainable;attainable;does;because the firm cannot attain the points outside the frontier
B) attainable;unattainable;does not;the firm can produce any quantity it wants if it is willing to pay a high enough price
C) unattainable;attainable;does not;the firm can produce any quantity it wants if it is willing to pay a high enough price
D) attainable;unattainable;does;the firm cannot produce points outside the frontier and as the firm moves along the PPF, it cannot produce more dog biscuits without producing less cat food
E) attainable;unattainable;does not;it is downward sloping

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