Multiple Choice
Points inside a production possibilities curve are ________.
A) inefficient, because more goods can be produced with the available resources
B) inefficient, because they represent the production of only one good
C) efficient, because the combinations represented by those points are attainable
D) efficient, because production is maximum at those points with the available resources
Correct Answer:

Verified
Correct Answer:
Verified
Q75: Suppose a nation opens up to free
Q76: Scenario: Yasmin and Zeek are lawyers working
Q77: The following figure depicts a nonlinear production
Q78: The following figure shows the production possibilities
Q79: A curve that shows the various combinations
Q81: The following figure illustrates the production possibilities
Q82: The following figure depicts four different scenarios
Q83: The curvature of an economy's production possibilities
Q84: Which of the following is an effect
Q85: Scenario: Jack takes 3 hours to complete