Use the figure to answer the following question.
Figure 2-11

In Figure 2-11, which shows the production possibilities curve,
A) A is efficient.
B) B is inefficient.
C) C is unattainable.
D) all of the above are true.

Question

Use the figure to answer the following question.
Figure 2-11

In Figure 2-11, which shows the production possibilities curve,
A) A is efficient. 
B) B is inefficient. 
C) C is unattainable. 
D) all of the above are true.

Quizplus · Accepted Answer

A) Point A is on the production possibilities curve, which indicates it is efficient.
B) Point B is inside the production possibilities curve, which indicates it is inefficient.
C) Point C is outside the production possibilities curve, which indicates it is unattainable given the current resources and technology.

Use the Figure to Answer the Following Question