A single point on a production possibility frontier will show _____ in an economy.

Question

Quizplus · Accepted Answer

A single point on a production possibility frontier (PPF) represents a combination of two goods that can be produced efficiently given the available resources and technology. It does not directly indicate who receives the output, the level of inflation, or whether resources are scarce or abundant, but rather the efficient allocation of resources to produce a specific combination of goods.

A Single Point on a Production Possibility Frontier Will Show