Production at points beyond the production possibilities frontier cannot be attained unless there is an increase in resources or an improvement in technology.

Question

Quizplus · Accepted Answer

This statement is true according to the economic concept of the production possibilities frontier. Points beyond the frontier represent levels of production that are currently unattainable with the given resources and technology. To produce at these points, there would need to be an increase in resources or an improvement in technology.

Production at Points Beyond the Production Possibilities Frontier Cannot Be