-Refer to Exhibit 2-2.If PPF₂ is the relevant production possibilities frontier,then point __________ illustrates productive inefficiency.

Question

-Refer to Exhibit 2-2.If PPF₂ is the relevant production possibilities frontier,then point __________ illustrates productive inefficiency. A) A B) B C) C D) J E) a,b,or c

Quizplus · Accepted Answer

Points A, B, and C all illustrate productive inefficiency because they are inside the production possibilities frontier (PPF₂), indicating that not all resources are being used efficiently. Point J, on the other hand, is on the frontier, indicating an efficient use of resources.