14
QuizMultiple Choice

Opportunity Cost

Question 14 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Producers can create their maximum combination of goods, as long as they

Answer
a
address consumer desires.
g
guarantee a profit.
p
properly allocate resources.
k
keep up with demand.

Explanation

Producers can reach the maximum combination of goods represented by their production possibilities when resources are used efficiently and allocated appropriately. This means putting available labor, land, and capital to productive use rather than leaving resources idle or misusing them. Guaranteeing a profit or keeping up with demand does not by itself ensure maximum production. The correct choice is “properly allocate resources.”

AI-written and checked against the verified answer.

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