Why are allocations on the production possibility frontier technically efficient? What is technically inefficient about allocations inside

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Why are allocations on the production possibility frontier technically efficient? What is technically inefficient about allocations inside the frontier? Do inefficient allocations necessarily involve any unemployment of factors of production? In the model introduced in this chapter, would unemployment be technically inefficient?
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Intermediate Microeconomics and Its Application

ISBN: 978-1133189039

12th edition

Authors: Walter Nicholson, Christopher M. Snyder

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