- 3 Efficiency In The Production Possibilities Model Suppose Canada Produces Only Two Goods Corn And Cars The Following 1 (30.19 KiB) Viewed 32 times
3. Efficiency in the production possibilities model Suppose Canada produces only two goods: corn and cars. The following
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3. Efficiency in the production possibilities model Suppose Canada produces only two goods: corn and cars. The following
3. Efficiency in the production possibilities model Suppose Canada produces only two goods: corn and cars. The following graph shows Canada's current production possibilities frontier, along with six output combinations represented by black points (plus symbols) labeled A to F. ? 100 80 PPF 90.46 CARS (Milions) メC 40 20 D + B 0 0 80 100 40 60 CORN (Millions of bushels) Complete the following table by indicating whether each point represents output combinations that are inefficient, efficient, or unattainable. Check all that apply. Point Inefficient Efficient Unattainable A A DO B D n D TI E F F