-Print R Cal ulator Question 1 of 10 Sapling Learning Suppose the following repr

Question

-Print R Cal ulator Question 1 of 10 Sapling Learning Suppose the following represents the Canadian production possibilities frontier for two of its most important exports: maple syrup (in millions) and tree logs (in millions), Please choose the best answer for each question. Point H 50 45 40 O is possible, but not efficient. o is not possible and is unobtainable, unless O international trade occurs o is not possible and is unobtainable, even if O O is possible, but not efficient international trade occurs is possible and efficient. 35 30 25 o is not possible and is unobtainable, even if Ointernational trade occurs. is not possible and is unobtainable, unless 15 10 5 0 international trade occurs. O is possible and efficient. Point Y O is possible, but not efficient. 0 2345878 9 10 is not possible and is unobtainable, unless international trade occurs. O is possible and efficient. is not possible and is unobtainable, even if international trade occurs. @ Previous Gnre Up & View Solution 9 Check Answer 0 Next Exit- Previous Give Up & View Solution Check Answer Next

Explanation / Answer

Point H,

Is possible but not efficient, They can lower the production of logs and mapple syrup to reach this level but would be highly ineffiecient.

Such low volumes is just inefficient,

Point M

Is possible and effecient

It is equilibrium position and is very much possible

Point Y

Is not possible and is unobtainable, unless international trade occurs

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