Inefficient use of resources leads to:
A)production bundles inside the production set.
B)production bundles outside the production set.
C)a reduction in the production set.
D)production of a combination on the production set.

Question

Quizplus · Accepted Answer

Inefficient use of resources means that not all resources are being used in the best possible way to maximize output, which results in production bundles that are inside the production set, indicating that more could be produced with the available resources if they were used more efficiently.

Inefficient Use of Resources Leads To