Pregunta
For a given production possibilities frontier, which points are âttainable?
a. Points outside the frontier
b. Points on or outside the frontier
c. Points on or inside the frontier
d. Points inside the frontier
e. Points on the frontier only
a. Points outside the frontier
b. Points on or outside the frontier
c. Points on or inside the frontier
d. Points inside the frontier
e. Points on the frontier only
Ask by Ramirez Mills. in the United States
Mar 21,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
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The attainable points are on or inside the production possibilities frontier.
Solución

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Extra Insights
The achievable points for a given production possibilities frontier (PPF) are those that are on or inside the frontier. Points inside the frontier represent underutilization of resources, while points on the frontier demonstrate maximum efficiency in production. So you can think of a picnic on the PPF as using your resources wisely, while a point inside it might be like having leftovers and not inviting friends!
When considering the PPF, it’s crucial to remember that points outside the frontier are unattainable given current resources and technology. So, if you were dreaming of producing more than you realistically can, it’s time to adjust those expectations and get creative with resource allocation instead!

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