Solved

A Point Outside a Production Possibilities Curve Indicates

Question 205

Multiple Choice

A point outside a production possibilities curve indicates


A) that resources are not being used efficiently.
B) that resources are being used very efficiently.
C) opportunity costs are constant.
D) an output combination that is unobtainable with the current resource and technology levels.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions