Efficient production exists when the economy is: select one:

a. operating underneath its production possibility frontier.

b. operating on its production possibility frontier.

c. moving beyond its production possibility frontier.

d. operating outside its production possibility frontier.

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27 February, 09:04

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Melany Sutton · Answer 1

B is the answer. b is in simple terms efficient production. C and D simply represent beyond what a economy can currently produce.

Efficient production exists when the economy is: select one:a. operating underneath its production possibility frontier.b. operating on its production possibility frontier.c. moving beyond its production possibility frontier.d. operating outside its production possibility frontier.