For a given production possibilities frontier, which points are attainable?
A)Points inside the frontier
B)Points outside the frontier
C)Points on or outside the frontier
D)Points on the frontier only
E)Points on or inside the frontier

Question

Quizplus · Accepted Answer

Attainable points are the ones that can be reached with the given resources and technology. Points inside the frontier indicate that resources are underutilized while points outside the frontier are not attainable with the current resources and technology. Points on the frontier itself represent the maximum production that can be achieved given the resources and technology available. Therefore, the attainable points are on or inside the frontier.

For a Given Production Possibilities Frontier, Which Points Are Attainable