Answered: . On the Production Possibilities Curve…

. On the Production Possibilities Curve (PPC), points located outside the curve are: a. Inefficient points b. Equilibrium points c. Efficient points d. Unattainable points

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 6P

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. On the Production Possibilities Curve (PPC), points located
outside the curve are:
a. Inefficient points
b. Equilibrium points
c. Efficient points
d. Unattainable points

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