-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 and production efficient.
C) attainable and production inefficient.
D) attainable but more than production efficient.
E) More information is needed to determine if the point is attainable or not.

Question

-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 and production efficient. 
C) attainable and production inefficient. 
D) attainable but more than production efficient. 
E) More information is needed to determine if the point is attainable or not.

Quizplus · Accepted Answer

The combination is attainable because it lies within or on the production possibilities frontier, but it is production inefficient because it does not lie on the frontier itself, indicating that more of one good could be produced without sacrificing the production of the other.

-The Figure Above Shows the Production Possibilities Frontier for a Country.A