Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

when an economy produces a combination of goods that lies inside the production possibilities curve: group of answer choices resources will never be depleated. opportunity cost is constant. resources are not being fully and efficiently used. resources are being fully and efficiently used. prices are constant.

Sagot :

gauravsingh23VT

When an economy produces a combination of goods that lies inside the production possibilities curve its resources are not being fully and efficiently used. Hence, option C is correct.

What is the Production possibility frontier?

The production possibility frontier, a curve, displays on a graph the maximum amounts that may be produced of two goods if they are both made from the same scarce resource. A different name for the PPF is the production possibility curve.

Opportunity cost is the money wasted in the production of a commodity when resources are transferred from one to another. On a graph, the maximum amount that could be generated is depicted as a curve.

Thus, option C is correct.

For more details about Production possibility frontier, click here:

https://brainly.com/question/27833900

#SPJ4

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.