When an economy is operating inside its production possibilities frontier, we know that

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asked Jun 5, 2023 161k views

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Toozyfuzzy · Answer 1 · 2023-06-10T08:57:47+0000

engaging in efficient production

Step-by-step explanation:

If it is using the same quantities of factors of production but is operating inside its production possibilities curve, it is engaging in inefficient production

When an economy is operating inside its production possibilities frontier, we know that

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