According to Figure 24 Point F Motorcycles Figure 24 is effi

According to Figure 2.4, Point F Motorcycles Figure 2.4 is efficient and attainable. represents underallocation of resources. represents what the people want. cannot be produced with the current state of technology.

Solution

Option 4. Cannot be produced with the current state of technology

Explanation: The figure shows a production possibility curve. A country can efficiently produce at any point on the production possibility curve. Production at any point inside the curve (for example point C) means under-allocation of resources. Production at points outside the production possibility curve is not attainable with the current technology. Point F is outside the production possibility curve so point F cannot be produced at the current technology.

 According to Figure 2.4, Point F Motorcycles Figure 2.4 is efficient and attainable. represents underallocation of resources. represents what the people want.

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