It is correct to state that a society which is on its production possibilities curve is
A) underutilizing is resources.
B) technologically inefficient.
C) consuming too much output.
D) fully utilizing its productive resources.

Question

Quizplus · Accepted Answer

A society on its production possibilities curve is fully utilizing its productive resources. This means that it is producing the maximum amount of output possible given its resources and technology, without wasting any resources. Therefore, neither A, B, nor C can be the correct answer as they imply underutilization, technological inefficiency, or overconsumption, respectively.

It Is Correct to State That a Society Which Is