At various points along the production possibilities frontier,
A)the greatest achievable output levels are illustrated
B)resources are not fully employed
C)more of one good can be obtained without giving up more of the other
D)more efficient output levels are possible
E)society is equally well off

Question

Quizplus · Accepted Answer

The production possibilities frontier (PPF) illustrates the maximum achievable output levels for two goods given available resources and technology, assuming full and efficient use of resources.

At Various Points Along the Production Possibilities Frontier