Hello! I need the correct answer for the question attached. Thank you! Use the PPF for Heisestan below to answerthe next 2 questionsA109.N87D21EProblems10203040Food (units)If, on the above graph, Heisestan isproducing 4 housing units and 20food units, then we know that theeconomy isusing its resources efficientlyoperating beyond its resourcesO fully employing most of its resourcesusing its resources inefficientlyHousing (units)4,

Production Possibility Frontier(PPF) shows 'the different combinations of two goods using the scarce…

Answered: using its resources efficiently O…

using its resources efficiently O operating beyond its resources fully employing most of its resources using its resources inefficiently

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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Hello! I need the correct answer for the question attached. Thank you!

Use the PPF for Heisestan below to answer
the next 2 questions
A
10
9.
N
8
7
D
2
1
E
Problems
10
20
30
40
Food (units)
If, on the above graph, Heisestan is
producing 4 housing units and 20
food units, then we know that the
economy is
using its resources efficiently
operating beyond its resources
O fully employing most of its resources
using its resources inefficiently
Housing (units)
4,

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