Answer :
Final answer:
Points below the production possibility curve can be due to comparative advantage or inefficient resource utilization.
Explanation:
Points below the production possibility curve:
- Can occur when all resources are not being utilized.
- Can be due to comparative advantage.
- Can be attainable and efficient.
Operating inside the production possibilities curve implies the economy is not making full use of its factors of production and not allocating resources efficiently based on comparative advantage.
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