PPF Data (same as previous questions) B. D E Solar Panels 500 400 300 200 100 (1,000s) SUVS (1,000s) 15 22 27 30 Based on the PPF data above what can we say about the economy if it produced 200,000 solar panels and 22,000 SUVS? O The combination is possible but not efficient or not using all of its resources O The economy is more efficient at producing solar panels O The economy is more efficient at producing SUVS O The skills of SUV workers are insufficient to meet demand

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.1CE
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PPF Data (same as previous questions)
D
E
Solar Panels
500
400
300
200
100
(1,000s)
SUVS (1,000s)
15
22
27
30
Based on the PPF data above what can we say about the economy if it produced 200,000
solar panels and 22.000 SUVs?
O The combination is possible but not efficient or not using all of its resources
O The economy is more efficient at producing solar panels
O The economy is more cfficient at producing SUVS
KO The skills of SUV workers are insuifficient to mect demand
Transcribed Image Text:PPF Data (same as previous questions) D E Solar Panels 500 400 300 200 100 (1,000s) SUVS (1,000s) 15 22 27 30 Based on the PPF data above what can we say about the economy if it produced 200,000 solar panels and 22.000 SUVs? O The combination is possible but not efficient or not using all of its resources O The economy is more efficient at producing solar panels O The economy is more cfficient at producing SUVS KO The skills of SUV workers are insuifficient to mect demand
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