Author Question: If some resources were used inefficiently, the economy would operate outside its production ... (Read 25 times)

tfester · **on:** Jun 30, 2018

If some resources were used inefficiently, the economy would operate outside its production possibilities curve.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Each and every point along a production possibilities curve represents an efficient output option for an economy.
a. True
b. False
Indicate whether the statement is true or false