Any point on a production possibilities frontier (PPF) itself is
A) equitable.
B) inefficient.
C) efficient.
D) unattainable.

Name: Any point on a production possibilities frontier (PPF) itself is A) equitable. B) inefficient. C) efficient. D) unattainable.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

A point on the PPF represents an efficient allocation of resources, where all available resources are being used to produce a combination of goods and services. Therefore, the correct choice is C.

Any Point on a Production Possibilities Frontier (PPF) Itself Is