Suppose the fictional country of Katmai produces only two goods: sorghum and microprocessors. The following graph plots Katmai's current production possibilities frontier, and includes six
Suppose the fictional country of Katmai produces only two goods: sorghum and microprocessors. The following graph plots Katmai's current production possibilities frontier, and includes six different output combinations given by black points (plus symbols) labeled A to F. 100 80 PPF 60 MICROPROCESSORS (Millions) X A 40 20 20 40 60 80 100 0 SORGHUM (Millions of bushels)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 A O O O B O O O C O O O D O O O E O O O F O O
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