Question
If the economy is producing at a point inside the production possibilities frontier, which of the following must be true? a. All resources are employed
If the economy is producing at a point inside the production possibilities frontier, which of the following must be true?
a. All resources are employed
b. The economy is as well off as it can be given its limited resources
c. That point is unobtainable
d. More of both goods can be produced
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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