At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

5. Which point(s) on the curve represents an efficient economy

5 Which Points On The Curve Represents An Efficient Economy class=

Sagot :

According to the problem, we need to look for points on the curve.

• Points B, C, and D are on the curve.

However, which of them is more efficient?

In this problem, efficiency is represented by the equal distance from each axis. That is, the point which is equally distante from the origin and each axis, that point represents the most efficient.

Having said that, point D is the most efficient.

Because it's equally distant from each axis and forms the greatest area, as you can observe in the image below.

View image KopelynN522706
Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.