A small manufacturing firm has two products that are produced using its in house 3-D printers. The budget and time constraints for this process give the production possibilities curve that is defined by the table below. If the company is currently producing 30 units of product A and 39 units of product B, can the production of product B be increased? Explain.
Product A 0 10 20 30 40 50 60
Product B 51 50 46 39 29 16 0
(1 point)
Responses
No, the point is already on the production possibilities curve.
No, the point is already on the production possibilities curve.
Yes, the production of product B can be increased up to 51 by decreasing the volume for product A.
Yes, the production of product B can be increased up to 51 by decreasing the volume for product A.
Yes, the production of product B can be increased to whatever value is desired.
Yes, the production of product B can be increased to whatever value is desired.
Yes, the production of product B can be increased up to 60 by decreasing the volume for product A.
1 answer
No, the point is already on the production possibilities curve.