Refer to Figure 2-1. Point C is
A. technically efficient.
B. unattainable with current resources.
C. inefficient in that not all resources are being used.
D. is the equilibrium output combination.
Answer:B
Refer to Figure 2-1. Point C is
A. technically efficient. B. unattainable with current resources. C. inefficient in that not all resources are being used. D. is the equilibrium output combination.