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

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

Quizplus · Accepted Answer

Any point on the PPF represents the maximum combination of two goods that can be produced using all available resources. Thus, it is production efficient.

Any Point on a Production Possibilities Frontier PPF) Itself Is