Solved

If You Move from a Point on the Production Possibilities

Question 88

Multiple Choice

If you move from a point on the production possibilities curve to a point inside the production possibilities curve,it follows that


A) efficiency is increased because more of each good is produced.
B) efficiency is increased because more of one good is produced.
C) efficiency is increased,even if less of each good is produced.
D) efficiency is reduced.
E) efficiency remains samE.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents