Answer to Question #122058 in Microeconomics for kelvin

Question #122058
If an economy were operating at a point inside its production possibilities frontier or boundary, it
would be
1
Expert's answer
2020-06-15T11:12:46-0400

If an economy is producing inside its production possibility frontier, then it will be not utilizing its available resources. A point inside the PPF means that the resources are not used efficiently.


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