If the Mexican economy is using all of its available resources to produce goods, it means that the Mexican economy is producing at a point

Question

Quizplus · Accepted Answer

When an economy is using all of its available resources to produce goods, it is operating at full capacity, which is represented by a point on its production possibilities curve (PPC). The PPC illustrates the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.

If the Mexican Economy Is Using All of Its Available