3. Efficiency in the production possibilities model Suppose South Africa produces only two goods: wheat and blu rays. The following graph shows South Africa's current production possibilities frontier, along with six output combinations represented by black points (plus symbols) labeled A to F. 100 メ& 80 PPF 60 20 20 40 60 80 100 WHEAT (Millions of bushels) BLU RAYS (Millions)

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3. Efficiency in the production possibilities model
Suppose South Africa produces only two goods: wheat and blu rays. The following graph shows South Africa's current production possibilities frontier,
along with six output combinations represented by black points (plus symbols) labeled A to F.
100
80
PPF
20
F
20
40
60
80
100
WHEAT (Millions of bushels)
10
++<
BLU RAYS (Millions)
Transcribed Image Text:3. Efficiency in the production possibilities model Suppose South Africa produces only two goods: wheat and blu rays. The following graph shows South Africa's current production possibilities frontier, along with six output combinations represented by black points (plus symbols) labeled A to F. 100 80 PPF 20 F 20 40 60 80 100 WHEAT (Millions of bushels) 10 ++< BLU RAYS (Millions)
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
В
C
E
F
口|0|0|0|0|0
O O 0
Transcribed Image Text: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 В C E F 口|0|0|0|0|0 O O 0
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