Which points are most efficient for the utilization of resources on a production possibilities diagram?(1 point)

Question

Responses

points at the two intercepts of the curve
points at the two intercepts of the curve

points along the curve
points along the curve

points outside the curve
points outside the curve

points inside the curve - no response given points inside the curve

Answer 1

The most efficient points for the utilization of resources on a production possibilities diagram are points along the curve. These points represent maximum efficiency, where all resources are being used optimally to produce the maximum possible output of goods and services. Points inside the curve indicate inefficiency, as resources are not being fully utilized, while points outside the curve are unattainable with the current resources and technology.