Refer to the Information Provided in Figure 2

question 178

Multiple Choice

Refer to the information provided in Figure 2.2 below for the economy of Microland to answer the question(s) that follow. Figure 2.2
-Refer to Figure 2.2. Point B represents a situation of

• A) full employment but production inefficiency.
• B) less than full employment but production efficiency.
• C) both full resource employment and production efficiency.
• D) less than full employment and production inefficiency.