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Use the diagram below, which indicales maximum combinations of good X and good Y that can be produced with avalable resources, to answer the question.

Use the diagram below, which indicales maximum combinations of good X and good Y that can be produced with avalable resources, to answer the question. On production possibility curve AC...

CONd X

a)

output combinations D and E represent full and efficient use of resources, but A, C and F represent inefficient

resource use.

b) output combination D represents the most efficient use of resources. c)

output combinations A, D, E and C all represent full and efficient resource use.

d)

output combination A and C represents less efficient resource use than either D or

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