A nation produces at a point inside its PPF:}
A) when it produces inefficiently.
B) never.
C) when it trades with other nations.
D) when its PPF is bowed out.
Answer: A
A nation produces at a point inside its PPF:}
A) when it produces inefficiently.
B) never.
C) when it trades with other nations.
D) when its PPF is bowed out.
Answer: A