Answered

Get expert advice and insights on any topic with IDNLearn.com. Ask your questions and receive detailed and reliable answers from our experienced and knowledgeable community members.

If an economy is operating at a point inside the production possibilities curve,
a. opportunity costs are decreasing as more of one good is traded for the other good.
Ob. there is full employment of all resources.
Oc. its resources are not being used efficiently.
O d. technology has improved.

Sagot :

GinnyAnsweridn

Final answer:

An economy operating inside its production possibilities curve is inefficient and can improve by maximizing resource utilization and operating at full efficiency.


Explanation:

An economy operating inside its production possibilities curve indicates inefficiency due to factors not being fully utilized or allocated based on comparative advantage. strong> p> This situation implies potential for improvement as the economy could produce more goods and services valued by people and enhance the standard of living by maximizing resource usage. p>

Operational efficiency and full resource utilization are key to being on the production possibilities curve. p>
Learn more about Production Possibilities Curve here:https://brainly.com/question/31815342
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.