The attainable production points on a production possibilities curve are
A)the horizontal and vertical intercepts.
B)the points along the production possibilities frontier.
C)the points outside the area enclosed by the production possibilities frontier.
D)the points along and inside the production possibility frontier.

Question

Quizplus · Accepted Answer

The production possibilities curve shows the maximum combinations of two goods that can be produced given the resources available. The points along the production possibilities frontier represent the attainable production points, as they show the maximum output of both goods that can be produced with the resources available. The points outside the production possibilities frontier are unattainable because they are beyond the capacity of available resources. Therefore, the only attainable production points are those along and inside the production possibilities frontier. Thus, option D is the correct answer.

The Attainable Production Points on a Production Possibilities Curve Are