An auto factory produces a popular, entry-level car in both sedan and hatchback versions. The graph below shows the factory’s production…
An auto factory produces a popular, entry-level car in both sedan and hatchback versions. The graph below shows the factory’s production possibilities frontier. As the dot indicates, the factory is currently producing 750 sedans and 600 hatchbacks per day.
Move the point to a location representing inefficient production.
To refer to the graphing tutorial for this question type, please click here.
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