Points that lie below the production possibilities curve are inefficient because:
A)more of one good could be produced without producing less of the other.
B)producing more of one good means producing less of the other.
C)producers face scarcity.
D)too many goods are being produceD.Inefficient points lie below the production possibilities curve, so it is possible to produce more of one good without producing less of the other.

Question

Quizplus · Accepted Answer

Points below the production possibilities curve indicate that resources are not being used to their full potential, allowing for more production of one or both goods without sacrificing the production of the other.

Points That Lie Below the Production Possibilities Curve Are Inefficient