All points on a country's production possibilities boundary are
A) productively efficient.
B) Pareto optimal.
C) not productively efficient.
D) points at which P = MC for all goods.
E) allocatively efficient.

Question

Quizplus · Accepted Answer

All points on a country's production possibility boundary are productively efficient, meaning that the economy is producing the maximum possible output given the resources available.

All Points on a Country's Production Possibilities Boundary Are