If an economy is producing on the production possibilities curve,then that economy ________.
A) is making full use of its resources
B) is not making full use of its resources
C) must have the government allocating resources
D) is maximizing profits

Question

Quizplus · Accepted Answer

When an economy is producing on the production possibilities curve, it means that it is efficiently using all its available resources to produce a combination of goods and services. Therefore, the economy is making full use of its resources.

If an Economy Is Producing on the Production Possibilities Curve,then