Figure 2-4
Graph (a)
Graph (b)

-Refer to Figure 2-4, Graph (a). Production is
A)possible at points P, Q, R, and S, but efficient only at points P, R, and S.
B)possible at points P, Q, R, and S, but efficient only at point Q.
C)possible at points P, R, S, and T, but efficient only at points P, R, and S.
D)possible at points P, R, S, and T, but efficient only at point T.

Question

Figure 2-4
Graph (a)
Graph (b)
  
-Refer to Figure 2-4, Graph (a). Production is
A)possible at points P, Q, R, and S, but efficient only at points P, R, and S. 
B)possible at points P, Q, R, and S, but efficient only at point Q. 
C)possible at points P, R, S, and T, but efficient only at points P, R, and S. 
D)possible at points P, R, S, and T, but efficient only at point T.

Quizplus · Accepted Answer

Points on the production possibilities frontier (PPF) like P, R, and S are efficient, while points inside the PPF like Q are possible but not efficient.