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Where would a point of underutilization apper on a production possibilities?
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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
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.
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
