The production possibility frontier shows the ________ combinations of two products that may be produced in a particular time period with available resources.

Question

Quizplus · Accepted Answer

The production possibility frontier shows the maximum attainable combinations of two products that may be produced in a particular time period with available resources. This means that any point on the production possibility frontier is a possible combination of the two products that can be produced using all the available resources, while any point inside the curve represents an inefficient use of resources and any point outside the curve represents an unattainable combination. Thus, the correct answer is B.

The Production Possibility Frontier Shows the ________ Combinations of Two