Question

question 11 (1 point) what does it mean if an economy is producing efficiently? it is not possible to produce more of one good at any cost. it is possible to produce more of both goods. there is no way to produce more of one good without producing less of the other. it is possible to produce more of one good without producing less of the other.

Explanation:

In economics, efficient production occurs when an economy is on its production - possibility frontier. At this point, resources are fully utilized, and increasing the production of one good necessarily requires reducing the production of another due to limited resources.

Answer:

C. There is no way to produce more of one good without producing less of the other.