The attainable production points on a production possibilities curve are

Question 24 options:

the points along and inside the production possibility frontier

the points along the production possibilities frontier

the horizontal and vertical intercepts

the points outside the area enclosed by the production possibilities frontier

Question 25 (1 point)

Price per Bushel

Quantity Demanded

(bushels)

Quantity Supplied (bushels)

$3

30,000

0

6

26,000

4,000

9

22,000

9,000

12

18,000

12,000

15

15,000

15,000

18

12,000

22,000

21

8,000

28,000

24

4,000

36,000

How many bushels will be sold if the market price is $21 per bushel?

Question 25 options:

28,000

8,000

4,000

15,000