Reference: Ref 2-2 (Figure: PPF Goods X & Y) Refer to the figure. Point A represents an allocation of resources that is:
A) efficient.
B) inefficient.
C) impossible.
D) the result of trade.

Question

Reference: Ref 2-2 (Figure: PPF Goods X & Y) Refer to the figure. Point A represents an allocation of resources that is:
A) efficient. 
B) inefficient. 
C) impossible. 
D) the result of trade.

Quizplus · Accepted Answer

The Answer of  Reference: Ref 2-2 (Figure: PPF Goods X & Y) Refer to the figure. Point A represents an allocation of resources that is:
A) efficient. 
B) inefficient. 
C) impossible. 
D) the result of trade.