If a country is producing at point where an increase in the production of one good requires a reduction in the production of another good, then it must be producing at an:
A)inefficient point.
B)efficient point.
C)unattainable point.
D)undesirable point.

Question

Quizplus · Accepted Answer

By definition, an efficient point is any combination of goods for which currently available resources do not allow an increase in the production of one good without a reduction in the production of some other good.

If a Country Is Producing at Point Where an Increase