All points on the production possibilities curve are:

Name: All points on the production possibilities curve are:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

All points on the production possibilities curve represent an efficient use of resources, and therefore the best choice. Points inside the curve are inefficient, and points outside the curve are unattainable given the current resources and technology. "Fair" and "optimal" are subjective terms and not directly related to the concept of the production possibilities curve.

All Points on the Production Possibilities Curve Are