Exhibit 3-6 Refer to Exhibit 3-6.In the diagram,Point D is:

Name: Exhibit 3-6 Refer to Exhibit 3-6.In the diagram,Point D is:
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Question

Exhibit 3-6  Refer to Exhibit 3-6.In the diagram,Point D is:

Quizplus · Accepted Answer

Point D is located on the production possibilities frontier, which represents the maximum output that a society can achieve with its given resources and technology. Thus, the point is efficient since it represents the full use of available resources to produce goods and services.