(Solved): 3. Efficiency in the production possibilities model Suppose the fictional country of Acadia produce ...

3. Efficiency in the production possibilities model Suppose the fictional country of Acadia produces only two goods: rye and telephoto lenses. The following graph plots Acidia's arrrent production possibilities frontier, and includes six different output combinations given by black points (Dlus symbols) labeled A to $$F$$. Complete the following table by indicating whether asch point represents output combinations that are inefficient afficient io anvitanable check afl that apply.