Figure 2-11

-In Figure 2-11,which shows the production possibilities curve,
A)A is efficient.
B)B is inefficient.
C)C is unattainable.
D)all of the above are true.

Name: Figure 2-11 -In Figure 2-11,which shows the production possibilities curve, A)A is efficient. B)B is inefficient. C)C is unattainable. D)all of the above are true.
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Question

Figure 2-11
 
-In Figure 2-11,which shows the production possibilities curve,
A)A is efficient. 
B)B is inefficient. 
C)C is unattainable. 
D)all of the above are true.

Quizplus · Accepted Answer

A point on the curve (A) is efficient, a point inside the curve (B) is inefficient, and a point outside the curve (C) is unattainable, making all statements true.

Figure 2-11 -In Figure 2-11,which Shows the Production Possibilities Curve