If an economy is operating at a point inside the production possibilities curve, then
A) society's resources are being inefficiently utilized.
B) the curve will move to the left.
C) society's resources are being used to produce too many consumer goods.
D) economic policy must implemented to slow growth of the economy further.

Question

Quizplus · Accepted Answer

If the economy is operating inside the production possibilities curve, it means that it is not using all of its available resources efficiently. This could be due to factors such as unemployment or inefficient allocation of resources.

If an Economy Is Operating at a Point Inside the Production