Asked by hannah mazzeo on May 05, 2024

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If an economy is operating at a point inside the production possibilities frontier,then:

A) some of the nation's resources are unemployed.
B) the production decisions are made by the government.
C) unlimited resources must satisfy scarce desires.
D) using the existing resources efficiently will shift the production possibilities frontier outward.
E) society is paying too much for wages.

Production Possibilities Frontier

A graph that shows the combinations of two goods the economy can possibly produce given the available resources and technology.

Unemployed Resources

Assets, labor, or capital that are available but not currently being used in the production of goods or services.

  • Comprehend the notion of the production possibilities frontier (PPF) and its significance for economic efficiency and prospective growth.
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syahidatul syakirahMay 12, 2024
Final Answer :
A
Explanation :
Operating inside the production possibilities frontier means that the economy is not using all of its available resources, hence some resources are unemployed.