Answered: two units of consumer goods per period,…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Table:Production Possibilities Schedule I

Alternatives	A	B	C	D	E	F
Consumer goods per period	0	1	2	3	4	5
Capital goods per period	30	28	24	18	10	0

Reference: Ref 2-1 Table: Production Possibilities Schedule I

(Table: Production Possibilities Schedule I) Use Table: Production Possibilities Schedule I. If the economy produces two units of consumer goods per period, it also can produce, at MOST, _____ units of capital goods per period.

Select one:

a. 28

b. 24

c. 30

d. 18

I think the answer is 24

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