If an economy is operating at a point inside the production-09092
If an economy is operating at a point inside the production possibilities curve,
This multiple choice question (MCQ) is related to the book/course
vu eco402 Microeconomics.
It can also be found in
vu eco402 Final Term - Quiz No.1.
If an economy is operating at a point inside the production possibilities curve,
its resources are being wasted.
the curve will begin to shift inward.
the curve will begin to shift outward.
This is a trick question because an economy cannot produce at a point inside the curve.
