If a producer is operating at an inefficient point on a production possibilities curve using currently available resources, that producer:
A) cannot produce more of one good without giving up some of the other good.
B) can produce more of one good without producing less of the other good.
C) must be at an unattainable point on the production possibilities curve.
D) must be specializing in activities for which it has a comparative advantage.

Question

Quizplus · Accepted Answer

An inefficient point on a production possibilities curve means that resources are not being used to their full potential, so the producer can increase the production of one good without reducing the production of another.

If a Producer Is Operating at an Inefficient Point on a Production