The following figure shows the production possibilities frontier for Good A and Good B. In the figure below, point f represents:

A) an efficient combination of Good A and Good B.
B) the only efficient combination of Good A and Good B.
C) the combination of Good A and Good B that the economy will produce.
D) an inefficient combination of Good A and Good B.
E) the only inefficient combination of Good A and Good B.

Question

The following figure shows the production possibilities frontier for Good A and Good B. In the figure below, point f represents:

A) an efficient combination of Good A and Good B. 
B) the only efficient combination of Good A and Good B. 
C) the combination of Good A and Good B that the economy will produce. 
D) an inefficient combination of Good A and Good B. 
E) the only inefficient combination of Good A and Good B.

Quizplus · Accepted Answer

The Answer of The following figure shows the production possibilities frontier for Good A and Good B. In the figure below, point f represents:

A) an efficient combination of Good A and Good B. 
B) the only efficient combination of Good A and Good B. 
C) the combination of Good A and Good B that the economy will produce. 
D) an inefficient combination of Good A and Good B. 
E) the only inefficient combination of Good A and Good B.

The Following Figure Shows the Production Possibilities Frontier for Good