If the economy is producing a combination of goods inside its production possibilities frontier, then

workers are on vacation

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a significant number of workers have little education

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some resources are being wasted

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technology must improve before output can increase

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Solution

The correct option is C
some resources are being wasted

Any point inside the PPC indicates inefficient utilization of resources.

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Name the situation reflected by an economy which produces a combination of goods that lie below its production possibility curve.

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