Exhibit 2-4 
In Exhibit 2-4, if all the economy's resources are used efficiently to produce good B, then the economy is at point
A) g
B) b
C) h
D) i
E) e
Correct Answer:
Verified
Q101: If all resources are used efficiently to
Q102: Each point on a production possibilities frontier
Q103: Society's production possibilities frontier
A)helps explain the immense
Q104: The production possibilities frontier represents the boundary
Q105: "Efficiency" refers to
A)producing output using the least
Q107: Exhibit 2-4 Q108: The production possibilities frontier represents all desirable Q109: A point outside the production possibilities frontier Q110: Exhibit 2-4 Q111: At various points along the production possibilities
A)represents
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