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

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

Quizplus · Accepted Answer

Attainable points are those that can be produced with the given resources and technology, which include all the points on or inside the production possibility frontier. Points outside the frontier are not attainable with the current resources and technology. Points on the frontier represent the maximum possible production of one good given the production level of the other good. Thus, the best choice is E, which includes all the attainable points.

For a Given Production Possibilities Frontier, Which Points Are Attainable