Points below the production possibilities frontier are inefficient because it is possible to make someone better off without making anyone else worse off.

Question

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Points below the production possibilities frontier represent an inefficient use of resources because it is possible to shift production towards the frontier, allowing for more goods and services to be produced without sacrificing the production of other goods and services. This would make someone better off without making anyone else worse off.

Points Below the Production Possibilities Frontier Are Inefficient Because It