If an economy begins to use its resources more efficiently, it will move
A) closer to its ppf.
B) farther away from its ppf.
C) from a point along its ppf to a point outside its ppf.
D) from one point to another point along its ppf.

Question

Quizplus · Accepted Answer

Using resources more efficiently means that an economy can produce more goods and services with the same amount of resources, which implies it is moving closer to its production possibilities frontier (PPF), where it is utilizing its resources in the most efficient way possible.

If an Economy Begins to Use Its Resources More Efficiently