-Consider the production possibility frontier of an economy in Figure 1-1.Which of the following point(s)will be considered inefficient?
A)A and E
B)A,B,and C
C)B and C

Question

-Consider the production possibility frontier of an economy in Figure 1-1.Which of the following point(s)will be considered inefficient?
A)A and E 
B)A,B,and C 
C)B and C

Quizplus · Accepted Answer

Point D is considered inefficient because it lies inside the production possibility frontier, indicating that the economy is not utilizing all its resources efficiently.

-Consider the Production Possibility Frontier of an Economy in Figure