Multiple Choice
On a production possibilities frontier, production is inefficient if the production point is:
A) inside the frontier
B) outside the frontier
C) on or outside the frontier
D) on the frontier
Correct Answer:
Verified
Related Questions
On a production possibilities frontier, production is inefficient if the production point is:
A) inside the frontier
B) outside the frontier
C) on or outside the frontier
D) on the frontier
Correct Answer:
Verified
