Efficient production occurs when the economy is _____ its production possibility frontier.
A)operating inside
B)operating on
C)operating outside
D)moving beyond

Question

Quizplus · Accepted Answer

Efficient production occurs when the economy is operating on its production possibility frontier (PPF), as this indicates that all resources are being used efficiently and the economy is producing the maximum output possible with its current technology and resources.

Efficient Production Occurs When the Economy Is _____ Its Production