Production efficiency requires that
A) production is at a point on the PPF.
B) resources are assigned to the task for which they are the best match.
C) it is impossible to produce more of one good without producing less of some other good.
D) All of the above answers are correct.

Question

Quizplus · Accepted Answer

Production efficiency requires that production is at a point on the PPF, where resources are assigned to the task for which they are the best match and it is impossible to produce more of one good without producing less of some other good. Thus, all of the above answers are correct.

Production Efficiency Requires That