Multiple Choice
A point outside the production possibilities frontier _____
A) represents unemployment of resources.
B) represents full employment of resources.
C) would not represent an efficient combination of goods.
D) cannot be reached using available technology.
E) is less desirable than a point inside the frontier.
Correct Answer:
Verified
Related Questions
Q102: Table 2.3 Q103: If all resources are used efficiently to Q104: Exhibit 2.2 Q105: Efficiency involves _
A) producing output using a
