Hello! I need the correct answer for the question attached. Thank you! Use the PPF for Heisestan below to answerthe next 2 questionsA109.N87D21EProblems10203040Food (units)If, on the above graph, Heisestan isproducing 4 housing units and 20food units, then we know that theeconomy isusing its resources efficientlyoperating beyond its resourcesO fully employing most of its resourcesusing its resources inefficientlyHousing (units)4,

Production Possibility Frontier(PPF) shows 'the different combinations of two goods using the scarce…

Answered: using its resources efficiently O…

using its resources efficiently O operating beyond its resources fully employing most of its resources using its resources inefficiently

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 42P: A small company that shovels sidewalks and driveways has 100 homes signed up for its services this...

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