Principles of Macroeconomics 7th Edition

Published by South-Western College
ISBN 10: 1-28516-591-8
ISBN 13: 978-1-28516-591-2

Chapter 2 - Thinking Like an Economist - Quick Check Multiple Choice - Page 35: 3

Answer

b. feasible, but not efficient.

Work Step by Step

Points inside the frontier are feasible but not efficient, while points outside the frontier are efficient but not feasible. Points that are ON the frontier line are considered both efficient and feasible.
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