
-The figure above shows the production possibilities frontier for a country.If the country is producing at point D,then the
A) resources are being used efficiently.
B) technology associated with producing SUVs and station wagons is advancing.
C) production of SUVs and station wagons is maximised.
D) resources are not being used efficiently and/or are unemployed.
E) None of the above answers is correct because it is not possible to produce at point D.
Correct Answer:
Verified
Q20: In the production possibilities model,the vertical axis
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