Any point inside the production possibilities curve indicates:

A) the presence of technological change.
B) that resources are imperfectly substitutable among alternative uses.
C) the presence of inflationary pressures.
D) that more output could be produced with the available resources.

Production Possibilities Curve

A graphical representation that shows the maximum quantity of one good that can be produced for any given quantity produced of another good, given the resources and technology available.

Technological Change

The development and application of new technologies and methods in production, often leading to increased efficiency and productivity.