Exhibit 2-13 Production possibilities curve
In Exhibit 2-13, in terms of efficiency:

Question

Exhibit 2-13 Production possibilities curve 
In Exhibit 2-13, in terms of efficiency:

Quizplus · Accepted Answer

Point A is a point inside the production possibilities curve, which means that resources are not being used efficiently. Point D is on the curve and represents an efficient use of resources. Therefore, point A is not preferred to point D. Point B and E are both outside of the curve, meaning they are not possible with the given resources. Therefore, the best choice is point D.

Exhibit 2-13 Production Possibilities Curve