If All Resources Are Used Efficiently to Produce Goods and Services

question 127

Multiple Choice

If all resources are used efficiently to produce goods and services, a nation will find itself producing

• A)inside its production possibilities frontier
• B)somewhere on its production possibilities frontier
• C)outside of its production possibilities frontier
• D)at one extreme end of its production possibilities frontier
• E)more of one product with no decrease in the production of any other product