A point inside a production possibilities curve may indicate:
A)unemployment.
B)the inefficient use of resources.
C)failure to use the best available technology.
D)all of the above.

Question

Quizplus · Accepted Answer

A point inside a production possibilities curve indicates that the economy is not producing at its full potential. This could be due to unemployment, inefficient use of resources, or failure to use the best available technology.

A Point Inside a Production Possibilities Curve May Indicate