If a given production combination is known to be attainable, then it:
A)must be on the production possibilities curve.
B)must be an inefficient point.
C)must be an efficient point.
D)could be either an inefficient or efficient point.

Question

Quizplus · Accepted Answer

Attainable points are those that lie on or below the production possibilities curve. Points on the curve are efficient; points below the curve are inefficient.

If a Given Production Combination Is Known to Be Attainable