Point beyond its production possibilities frontier

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Reference no: EM13998896

"If Mexico is currently operating at a point beyond its production possibilities frontier, then there are unemployed or misallocated resources in Mexico." Is this statement true or false?

Reference no: EM13998896

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Point beyond its production possibilities frontier : "If Mexico is currently operating at a point beyond its production possibilities frontier, then there are unemployed or misallocated resources in Mexico." Is this statement true or false?

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