Which of the following points would be considered efficient?
Understand the Problem
The question is asking which of the points on the Production Possibility Frontier (PPF) graph is considered efficient in terms of resource allocation between coffee and sugar production. Efficient points are typically those on the curve itself, as they represent maximum output with given resources.
Answer
Points B, D, and C.
The points B, D, and C on the PPF curve are considered efficient.
Answer for screen readers
The points B, D, and C on the PPF curve are considered efficient.
More Information
Points on the PPF curve illustrate the most efficient allocation of resources for producing different goods.
Tips
Avoid confusing points inside the curve as efficient; they represent underutilization of resources.
Sources
- Describe which points on a PPF would be considered attainable and efficient - homework.study.com
- Production Possibility Frontier (PPF): Purpose and Use in Economics - investopedia.com
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