3 years ago

Which point indicates an inefficient allocation of resources?

1 answer:

7 0

This question refers to the production possibility frontier curve.

The point that indicates inefficient allocation of resource is: Point y

In PPF curve, point Y represent the amount of output that is UNATTAINABLE UNDER CURRENT ECONOMY.
Inefficient allocation of resource causes the producers unable to fulfill the required amount which causes this condition.

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