(Figure: Wine and Wheat) Use Figure: Wine and Wheat.If this economy is producing at point A,we know the economy is:

A) using its resources efficiently.
B) using its resources inefficiently.
C) producing at an unattainable point.
D) trading with another country.

Using Resources

The process of employing available assets and materials to achieve desired goals and objectives.

Unattainable Point

A situation or position in economic models that cannot be reached given the current resources and technology.

Trading

The act of buying, selling, or exchanging goods, services, or financial assets in a market.