The correct response is:
The production is not maximized, so some resources are unused.
When production is inside the production possibilities curve (PPC), it indicates that not all resources are being used efficiently, leading to underproduction.
What happens when production is inside the production possibilities curve?(1 point)
Responses
The production has been made more efficient, and eventually the curve will shift inward.
The production has been made more efficient, and eventually the curve will shift inward.
The production is not maximized, so some resources are unused.
The production is not maximized, so some resources are unused.
The production has become less efficient, and eventually the curve will shift inward.
The production has become less efficient, and eventually the curve will shift inward.
It is not possible for the production to move inside the curve.
1 answer