What happens when production is inside the production possibilities curve?
The production has been made more efficient, and eventually the curve will shift inward.
It is not possible for the production to move inside the curve.
The production is not maximized, so some resources are unused.
The production has become less efficient, and eventually the curve will shift inward. I think this one
please check my answer
I don't know the answer tho-
Your answer is partially correct. When production is inside the production possibilities curve (PPC), it indicates that the production is not maximized, and some resources are left unused. However, the statement about the production becoming less efficient and the curve eventually shifting inward is not accurate.
The PPC represents the maximum combination of goods or services that an economy can produce with its available resources and technology. When production is inside the PPC, it suggests that the economy is operating below its full potential. This underutilization of resources can occur due to various factors like unemployment, inefficiencies in resource allocation, or technological limitations.
In this case, the correct answer would be: "The production is not maximized, so some resources are unused."