What happens when production is inside the production possibilities curve?

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Gerky asked Aug 2, 2023

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What happens when production is inside the production possibilities curve?

Geography
college

Gerky asked Aug 2, 2023

by Gerky

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Production points inside the curve show that an economy is not producing at its comparative advantage

Partik answered Aug 5, 2023

by Partik

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24 votes

Answer:

The production is not maximized, so some resources are unused.

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Hope this helps! :)

Papafe answered Aug 7, 2023

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