Answer :
Final answer:
An economy operating inside its production possibilities curve is inefficient and can improve by maximizing resource utilization and operating at full efficiency.
Explanation:
An economy operating inside its production possibilities curve indicates inefficiency due to factors not being fully utilized or allocated based on comparative advantage. strong> p> This situation implies potential for improvement as the economy could produce more goods and services valued by people and enhance the standard of living by maximizing resource usage. p>
Operational efficiency and full resource utilization are key to being on the production possibilities curve. p>Learn more about Production Possibilities Curve here:https://brainly.com/question/31815342