Use the following to answer questions :
Figure 1-1
-Of the following points, which point reflects the most efficient use of available resources in relation to frontier AE in Figure 1-1?
A)F.
B)G.
C)C.
D)H.
E)Cannot tell from the information provided.

Question

Use the following to answer questions :
Figure 1-1 
-Of the following points, which point reflects the most efficient use of available resources in relation to frontier AE in Figure 1-1?
A)F. 
B)G. 
C)C. 
D)H. 
E)Cannot tell from the information provided.

Quizplus · Accepted Answer

Point C is typically on the production possibility frontier (PPF), indicating that resources are being used efficiently without any waste.

Use the Following to Answer Questions