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If an economy is producing inefficiently, it is
a. not possible to increase economic growth.
b. not possible to increase production of any good.
c. possible to increase production with no effort.
d. possible to increase production of one good at the expense of another.
e. possible to increase production of all goods simultaneously.

Ask by Bradley Murray. in the United States
Mar 21,2025

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It’s possible to increase the production of one good by reducing the production of another in an inefficient economy.

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Beyond the Answer

Producing inefficiently means that resources are not being utilized to their full potential, which leaves room for improvement. This means that, in fact, it is possible to increase production without any additional effort, suggesting that the economy could allocate its resources better to boost output without necessitating more inputs or investment!
In this fascinating realm of economics, addressing inefficiency could allow various goods to be produced more effectively. By reallocating resources, one could potentially increase the production of one good at the expense of another, reflecting the trade-off often inherent in resource management and allocation even in an inefficient system.

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