Points inside a production possibilities curve are ________ and ________.
A) efficient; unattainable
B) inefficient; unattainable
C) efficient; attainable
D) inefficient; attainable

Question

Quizplus · Accepted Answer

Points inside a production possibilities curve represent combinations of goods that a society can produce using all available resources and technology. These points are attainable because they are within the society's production capabilities. However, they are inefficient because the society is not using all of its resources in the best possible way to maximize production.

Points Inside a Production Possibilities Curve Are ________ and ________

Points Inside a Production Possibilities Curve Are and