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Where were the point of underutilization appear on a production possibilities graph?
no
Where on a production possibilities curve an economy working below its most efficient production levels is shown?
At any point of underutilization/any point inside of the curve
What is represented by a point inside the curve on a production possibilities curve graph?
A point inside the curve on a production possibilities curve (PPC) represents an inefficient use of resources, where the economy is not operating at its full potential. This indicates that more of one or both goods could be produced without sacrificing the production of another good. It suggests underutilization of labor, capital, or technology. In contrast, points on the curve represent efficient production levels.
Where would a point of under utilization appear on a production possibilities?
below or to the left of the production possibilities frontier
Where would a point of under utilization appear on a production possibilities graph?
below or to the left of the production possibilities frontier
Where were the point of underutilization appear on a production possibilities graph?
no
Where would a point of underutilization appear on a production possibilities?
below or to the left of the production possibilities frontier
Where would a point of underutilization appear on a product possibilities graph?
below or to the left of the production possibilities frontier
Where on a production possibilities curve an economy working below its most efficient production levels is shown?
At any point of underutilization/any point inside of the curve
Where would a point of under utilization appear on a production possibilities?
below or to the left of the production possibilities frontier
Where would a point of under utilization appear on a production possibilities graph?
below or to the left of the production possibilities frontier
A production point beyond the production possibilities frontier represents what?
This represents a production point that could be achieved if there were suffecient resources available.
In a production possibilities frontier model a point inside the frontier is?
Attainable.
A point inside the production possibilities curve is.....?
Attainable, but the economy is inefficient.
What does each point on a production possibilities curve show?
an efficient utilization of resources
A point that lies outside a country's production possibilities curve mean what?
A point that lies outside a country's production possibilities curve means that the country is not able to produce. The possibility curve shows how a country can efficiently produce.
Where on a production possibilities curve the economy working at its most efficient production levels?
Any point on the PPC curve
