QUESTION 12 Figure: Bread and Honey Bread 70 Honey (Figure: Bread and Honey) In the graph,...

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business economics

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Answer 1

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Option 2

it is not possible

The point f is inefficient as it is not using full resources but the point g can not be attainable with the given resources as the g is outside the PPF

the production on the PPF is efficient where the economy uses all the possible resources.

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Answer 2

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QUESTION 12 Figure: Bread and Honey Bread 70 Honey (Figure: Bread and Honey) In the graph,...

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QUESTION 12 Figure: Bread and Honey Bread 70 Honey (Figure: Bread and Honey) In the graph,...

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