If an economy is operating at a point inside the production possibilities curve? a. its resources are not being used efficiently. b. This is a trick question because an economy cannot produce at a point inside the curve. c. the curve will begin to shift inward. d. the curve will begin to shift outward.

If an economy is operating at a point inside the production possibilities curve? a. its resources are not being used efficiently. b. This is a trick question because an economy cannot produce at a point inside the curve. c. the curve will begin to shift inward. d. the curve will begin to shift outward.

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth

Section2.6: Sources Of Economic Growth

Problem 1YTE

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