Production efficiency occurs when production ( ). A: is at a point beyond the production possibilities frontie B: is on the production possibilities frontier or inside it C: is at any attainable point D: is on the production possibilities frontie
Production efficiency occurs when production ( ). A: is at a point beyond the production possibilities frontie B: is on the production possibilities frontier or inside it C: is at any attainable point D: is on the production possibilities frontie
Production points inside the production possibilities frontie A: are unattainable. B: are attainable only with the full utilization of all resources. C: are associated with unused or misallocated resources. D: esult in more rapid growth.
Production points inside the production possibilities frontie A: are unattainable. B: are attainable only with the full utilization of all resources. C: are associated with unused or misallocated resources. D: esult in more rapid growth.
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