Civilian Goods Military Goods Civilian Goods Military Goods Duckistan Production Possibilities D Multiple Choice A 20 0 A 40 B 18 1 0 Herbania Production Possibilities D 14 B 36 C 14 2 1 8 3 с 26 2 3 both Duckistan and Herbania are fully employing their resources. E 0 4 Refer to the tables. Suppose that Duckistan is producing 8 units of civilian goods and 2 units of military goods, and Herbania is producing 36 units of civilian goods and 1 units of military goods. Then neither Duckistan nor Herbania is fully employing its resources. Duckistan is fully employing its resources, but Herbania is not E 0 4

Civilian Goods Military Goods Civilian Goods Military Goods Duckistan Production Possibilities D Multiple Choice A 20 0 A 40 B 18 1 0 Herbania Production Possibilities D 14 B 36 C 14 2 1 8 3 с 26 2 3 both Duckistan and Herbania are fully employing their resources. E 0 4 Refer to the tables. Suppose that Duckistan is producing 8 units of civilian goods and 2 units of military goods, and Herbania is producing 36 units of civilian goods and 1 units of military goods. Then neither Duckistan nor Herbania is fully employing its resources. Duckistan is fully employing its resources, but Herbania is not E 0 4

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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