If Sam Is Producing at a Point Inside His Production

question 99

Multiple Choice

If Sam is producing at a point inside his production possibilities frontier,then he

• A)can increase production of both goods with zero opportunity cost.
• B)is fully using all his resources and allocating his resources to their best use.
• C)must be doing the best he can with limited resources.
• D)is unaffected by costs and technology.
• E)has a high opportunity cost of moving from this point.