A point inside the production possibilities curve may indicate that resources are not being used efficiently.

Name: A point inside the production possibilities curve may indicate that resources are not being used efficiently.
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Question

Quizplus · Accepted Answer

A point inside the production possibilities curve represents a situation where resources are not being fully utilized, and therefore, not being used efficiently. This means that there is potential to produce more goods and services without using additional resources.

A Point Inside the Production Possibilities Curve May Indicate That