In a production possibilities frontier model, a point ________ the frontier is productively inefficient.
A)along
B)inside
C)outside
D)at either intercept of

Question

Quizplus · Accepted Answer

A point inside the production possibilities frontier means that resources are not being fully utilized and therefore production is not at its maximum potential. This indicates productively inefficient use of resources.

In a Production Possibilities Frontier Model, a Point ________ the Frontier