If a society moves along its production possibilities frontier, then:
A) it is using its scarce resources less and less efficiently.
B) it must be giving up more and more of some goods.
C) more of all goods are being produced.
D) some of its resources are unemployed.

Question

Quizplus · Accepted Answer

Moving along the production possibilities frontier (PPF) implies that to produce more of one good, the society must give up some of another good due to the scarcity of resources, reflecting the trade-offs and opportunity costs involved in production decisions.

If a Society Moves Along Its Production Possibilities Frontier, Then