Choosing to produce at any point within a production possibilities frontier:
A)is inefficient,meaning the society would not be using all its available resources in their best possible use.
B)is efficient,meaning the society would be using all its available resources in their best possible use.
C)is unobtainable,meaning the society cannot produce that combination of goods.
D)is efficient,meaning the society would be using all its available resources,though not in their best use.

Question

Quizplus · Accepted Answer

The Answer of Choosing to produce at any point within a production possibilities frontier:
A)is inefficient,meaning the society would not be using all its available resources in their best possible use.
B)is efficient,meaning the society would be using all its available resources in their best possible use.
C)is unobtainable,meaning the society cannot produce that combination of goods.
D)is efficient,meaning the society would be using all its available resources,though not in their best use.

Choosing to Produce at Any Point Within a Production Possibilities