The accompanying figure shows Becky's daily production possibilities curve for dresses and skirts.
Of the labeled points, only ________ are efficient.

Question

The accompanying figure shows Becky's daily production possibilities curve for dresses and skirts.   
Of the labeled points, only ________ are efficient.

Quizplus · Accepted Answer

Only points that lie along the production possibilities curve are efficient. Points that lie inside the production possibilities curve are not efficient because more of one good could be produced without sacrificing any of the other.

The Accompanying Figure Shows Becky's Daily Production Possibilities Curve for Dresses