A society is productive inefficient when
A) it produces at a point inside (below)its PPF.
B) it does not produce the maximum output with its given resources and technology.
C) it can produce more of one good without giving up some of another good.
D) both a and b
E) all of the above

Question

Quizplus · Accepted Answer

A society is productive inefficient when it does not produce the maximum output with its given resources and technology, and when it produces at a point inside (below) its PPF.

A Society Is Productive Inefficient When