Question

Drag the tiles to the correct boxes to complete the pairs.

Match each economic scenario with the correct economic term.
A country can produce more units
of good B without reducing the units
of good A it produces
A country cannot produce more units
of good A without producing fewer units
of good B
A country wants to produce 10 units
of good A and 12 units of good B but
can produce only 5 units of good A and
4 units of good B.
efficiency
underutilization
unattainability

Answer 1

Efficiency: A country can produce more units of good B without reducing the units of good A it produces

Underutilization: A country cannot produce more units of good A without producing fewer units

of good B.

Unattainability: A country wants to produce 10 units of good A and 12 units of good B but can produce only 5 units of good A and

4 units of good B.

Step-by-step explanation:

Efficiency: Efficiency means more production with less resources. This could correctly be likened to the case of the country in the first example since they could produce more without much loss or opportunity costs.

Underutilization means not being used to full capacity. In the second example, the opportunity cost concept applied since the country had to forgo spending resources on one product for the other.

Unattainability: This could be seen in the third example where a country may not be able to attain a certain production target as a result of limited resource capacity.

Answer 2

A country can produce more units of good B without reducing the units

of good A it produces. would be UNDERUTILIZATION.

This indicates that the country is not using the full potential of their resources

A country cannot produce more units of good A without producing fewer units

of good B : would be EFFICIENCY

This means that the country has allocated all of their resources and labor properly to the point where there is no wiggle room

A country wants to produce 10 units of good A and 12 units of good B but

can produce only 5 units of good A and 4 units of good B.: UNATTAINIBILITY

This means that the country has a certain target in mind, but along the way they failed to reach the target