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The figure above shows the production possibilities frontier for a country. A combination of 2 Million gallons of milk and 2 million gallons of ice cream is
A)unattainable.
B)attainable but more than production efficient.
C)attainable and production inefficient.
D)attainable and production efficient.
E)More information is needed to determine if the point is attainable or not.

Question

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The figure above shows the production possibilities frontier for a country. A combination of 2 Million gallons of milk and 2 million gallons of ice cream is
A)unattainable. 
B)attainable but more than production efficient. 
C)attainable and production inefficient. 
D)attainable and production efficient. 
E)More information is needed to determine if the point is attainable or not.

Quizplus · Accepted Answer

A combination of 2 million gallons of milk and 2 million gallons of ice cream is attainable if it lies inside or on the production possibilities frontier. However, if it is inside the frontier, it is production inefficient because resources are not being fully utilized.

- the Figure Above Shows the Production Possibilities Frontier for a a Country