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Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency
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Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency
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2. Introductory Economic Models / Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency / Problem 6
Problem 6
If a point lies inside the PPF curve, what can be said about its efficiency?
A
It is productively efficient.
B
It is efficient.
C
It is unattainable.
D
It is inefficient.
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