Question

Consider a society that is producing inside its production possibilities curve. This society could best achieve efficiency in its production of output by

Answer 1

The society can achieve efficiency in its production of output by employing more labour.

What is the production possibility curve?

The Production possibilities frontiers is a curve that shows the various combination of two goods a society can produce when all its resources are fully utilised.  Production inside the production possibilities curve means that the nations resources are not being fully utilised.

For more information about the production possibility frontier, please check: https://brainly.com/question/25774783

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