A society that is on its production possibilities frontier is
A) under- utilizing its resources.
B) fully utilizing its productive resources.
C) inefficient.
D) consuming too much output.
Correct Answer:
Verified
Q34: When resources are assigned to inappropriate tasks,
Q35: Scarcity is represented on a production possibilities
Q36: A country that must decrease production of
Q37: If an economy is operating at a
Q38: A point inside a production possibilities frontier
A)
Q40: Q41: Some time ago the government of China Q42: Production efficiency is achieved when Q43: Q44: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) the ability
