A point inside the production possibilities curve is ____ while a point outside the curve is ____.
A) Attainable; unattainable
B) Unattainable; attainable
C) Below the maximum possible; the maximum possible
D) The maximum possible; below the maximum possible

Question

Quizplus · Accepted Answer

A point inside the production possibilities curve is attainable, which means it is possible to produce that combination of goods with the given resources and technology. A point outside the curve is unattainable, which means it is not possible to produce that combination of goods with the given resources and technology. Choice A accurately describes this distinction. Choice B reverses the terms, while choices C and D do not capture the full meaning of the terms.

A Point Inside the Production Possibilities Curve Is ____ While