Operating at point inside the production possibilities curve

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Reference no: EM131170880

If a nation is operating at a point inside the production possibilities curve, it indicates that the nation could

A. Increase its production of both goods X and Y simultaneously

B. Increase its production of one good, but only at the expense of reducing the other good

C. Not produce any more of one of the goods X or Y

D. Not employ any more resources because all resources are now employed.

Reference no: EM131170880

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