Refer to the information provided in Figure 31.2 below to answer the question(s) that follow. Figure 31.2
-Refer to Figure 31.2. 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 31.2 below to answer the question(s) that follow.  Figure 31.2
-Refer to Figure 31.2. Suboptimal production occurs when the economy is at Point
A) A. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

Suboptimal production occurs when the economy is not producing at its potential output. In Figure 31.2, the economy is at point A when it is producing below its potential output.

Refer to the Information Provided in Figure 31