If a point on a production possibilities curve is attainable:
A) it must be efficient.
B) it might or might not be efficient.
C) it is efficient only if it does not exhaust all currently available resources.
D) it must completely exhaust all currently available resources.

Question

Quizplus · Accepted Answer

A point on the production possibilities curve is attainable if it lies on or inside the curve. If it is on the curve, it is efficient; if it is inside the curve, it is attainable but not efficient.

If a Point on a Production Possibilities Curve Is Attainable