Production at point B in Panel (a) of Figure 2-9 is possible but inefficient. While resources can be used to produce at point B, they are not being fully utilized, making it an inefficient point of production along the production possibilities curve.

1. Figure 2-9
Refer to Figure 2-9, Panel (a). Production at point B is
impossible and inefficient.
impossible but efficient.
possible but inefficient.
possible and efficient.
Panel (a) Panel (b)
Figure 2-9 Refer to Figure 2-9, Panel (a). Production at point B is impossible and inefficient.
impossible but efficient. possible but inefficient. possible and efficient.
Solution
Production at point B is possible but inefficient because all the points under PPC are inefficient
points since at these points resources are not fully utilised.