In terms of efficiency, any point on a production possibilities frontier is as good another.

Name: In terms of efficiency, any point on a production possibilities frontier is as good another.
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Quizplus · Accepted Answer

This statement is true because any point on the PPF represents the maximum output that can be produced with the given resources and technology, and therefore any alternative allocation of resources would result in lower output levels.

In Terms of Efficiency, Any Point on a Production Possibilities