If an economy is operating at a point inside the production possibilitiesfrontier, then
A) some of the nation's resources are unemployed
B) the production decisions are made by the government
C) unlimited resources must satisfy scarce desires
D) there is a scarcity of human resources relative to human wants therefore society must have some
Mechanism for making choices
E) society is paying too much for wages
Correct Answer:
Verified
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