A nation produces at a point inside its PPF
A) when it produces inefficiently.
B) when its PPF is bowed out.
C) when it trades with other nations.
D) never.

Name: A nation produces at a point inside its PPF A) when it produces inefficiently. B) when its PPF is bowed out. C) when it trades with other nations. D) never.
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Question

Quizplus · Accepted Answer

Producing at a point inside the PPF means that the nation is not fully utilizing its resources and is producing inefficiently.

A Nation Produces at a Point Inside Its PPF