Refer to the information provided in Figure 16.2 below to answer the questions that follow. Figure 16.2
-Refer to Figure 16.2. Suboptimal production occurs when the economy is at Point
A) A.
B) B.
C) C.
D) D.

Question

Refer to the information provided in Figure 16.2 below to answer the questions that follow.  Figure 16.2
-Refer to Figure 16.2. Suboptimal production occurs when the economy is at Point
A) A. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

Suboptimal production occurs when an economy is not producing at its most efficient point, meaning it is not utilizing its resources to the fullest. Point A represents a situation where the economy is inside the production possibilities frontier (PPF), indicating that resources are underutilized or not being used most efficiently, leading to suboptimal production.

Refer to the Information Provided in Figure 16