For a self-sufficient producer, the production possibilities frontier
A)is the same as the consumption possibilities frontier.
B)is greater than the consumption possibilities frontier.
C)is less than the consumption possibilities frontier.
D)is always a straight line.

Question

Quizplus · Accepted Answer

The production possibilities frontier (PPF) for a self-sufficient producer represents both the maximum production capabilities and the consumption possibilities, as there is no trade with others to obtain additional goods or services.

For a Self-Sufficient Producer, the Production Possibilities Frontier