Points that lie below the production possibilities curve are inefficient because:
A)more of one good could be produced without producing less of the other.
B)producing more of one good means producing less of the other.
C)producers face scarcity.
D)too many goods are being produced.

Question

Quizplus · Accepted Answer

Inefficient points lie below the production possibilities curve, so it is possible to produce more of one good without producing less of the other.

Points That Lie Below the Production Possibilities Curve Are Inefficient