Figure: Production Possibility Frontier Curve for Tealand
(Figure: Production Possibility Frontier for Tealand) Look at the figure Production Possibility Frontier for Tealand.In the figure, if Tealand is producing 10 million scones and 10 million cups of tea (point A), we know that the economy:
A.is using its resources efficiently.
B.is using its resources inefficiently.
C.is fully employing its resources.
D.has found new resources.
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