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Question 280

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Use the following to answer questions :
Figure: Production Possibility Frontier Curve for Tealand Use the following to answer questions : Figure: Production Possibility Frontier Curve for Tealand   -(Figure: Production Possibility Frontier for Tealand)  Look at the figure Production Possibility Frontier for Tealand. If Tealand is producing 10 million scones and 10 million cups of tea (point A) , we know that the economy: A) is using its resources efficiently. B) is using its resources inefficiently. C) is fully employing its resources. D) has found new resources.
-(Figure: Production Possibility Frontier for Tealand) Look at the figure Production Possibility Frontier for Tealand. If Tealand is producing 10 million scones and 10 million cups of tea (point A) , we know that the economy:


A) is using its resources efficiently.
B) is using its resources inefficiently.
C) is fully employing its resources.
D) has found new resources.

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