d. What do we know about the use of resources at point
How would it be possible for the economy to produce at
point d?
19. Consider an economy called Choiceland that has 250 workers and
produces only two goods, X and Y. Labour is the only factor of
production, but some workers are better suited to producing
than Y (and vice versa). The table below shows the maximum
levels of output of each good possible from various levels of
labour input.
Number of
Workers
Producing XAnnual
Production
of XNumber of
Workers
Producing YAnnual
Production
of Y