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question 7 when societies are using all available resources and technology most efficiently they are paying their employees a fair wage. operating outside of the production possibilities curve. not meeting the supply demands of their citizens. operating on the production possibilities curve.
The production possibilities curve (PPC) represents the maximum combination of goods/services an economy can produce with full, efficient use of all available resources and technology. Operating on the curve means resources are used optimally; points inside are inefficient, and points outside are unattainable with current resources. The other options are incorrect: fair wages are unrelated to this efficiency measure, operating outside the PPC is impossible, and efficient production does not mean failing to meet supply demands.
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operating on the production possibilities curve.