A society that is producing on its production possibilities frontier is
A) not utilizing all of its resources.
B) fully utilizing all of its productive resources.
C) producing too much output.
D) not being technologically efficient.

Question

Quizplus · Accepted Answer

A society that is producing on its production possibilities frontier is fully utilizing all of its productive resources. This means that the society is operating at maximum efficiency and is producing the most output possible given its available resources and technology.

A Society That Is Producing on Its Production Possibilities Frontier