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when an economy produces a combination of goods that lies inside the production possibilities curve: group of answer choices resources will never be depleated. opportunity cost is constant. resources are not being fully and efficiently used. resources are being fully and efficiently used. prices are constant.

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When an economy produces a combination of goods that lies inside the production possibilities curve its resources are not being fully and efficiently used. Hence, option C is correct.

What is the Production possibility frontier?

The production possibility frontier, a curve, displays on a graph the maximum amounts that may be produced of two goods if they are both made from the same scarce resource. A different name for the PPF is the production possibility curve.

Opportunity cost is the money wasted in the production of a commodity when resources are transferred from one to another. On a graph, the maximum amount that could be generated is depicted as a curve.

Thus, option C is correct.

For more details about Production possibility frontier, click here:

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