A point on the utility possibility frontier is
A) Inefficient
B) Impossible
C) Efficient
D) Inefficient and Impossible

Question

Quizplus · Accepted Answer

A point on the utility possibility frontier represents the maximum level of utility that can be obtained, given the available resources and technology. Therefore, this point is efficient and any point inside the PPF is inefficient, while any point outside the PPF is currently impossible to achieve with the given resources and technology.

A Point on the Utility Possibility Frontier Is