Use the following figure to answer questions: Figure 1.3
-Using Figure 1.3 and PP1,at point A,
A)There is inefficient use of available resources.
B)The available technology keeps production inside PP1.
C)All available resources are being used efficiently.
D)An increase in the production of mops would definitely require a decrease in the production of brooms.

Question

Use the following figure to answer questions: Figure 1.3 
-Using Figure 1.3 and PP1,at point A,
A)There is inefficient use of available resources. 
B)The available technology keeps production inside PP1. 
C)All available resources are being used efficiently. 
D)An increase in the production of mops would definitely require a decrease in the production of brooms.

Quizplus · Accepted Answer

At point A, the economy is not producing on the PPF, which means that it is not using all of its available resources efficiently.

Use the Following Figure to Answer Questions: Figure 1