The point where the PPF intersects the vertical axis is
A) unattainable.
B) attainable and productive efficient.
C) attainable but productive inefficient.
D) attainable and neither productive efficient nor productive inefficient.

Question

Quizplus · Accepted Answer

The point where the Production Possibility Frontier (PPF) intersects the vertical axis represents a situation where all resources are allocated to the production of the good on the vertical axis. This point is attainable and represents productive efficiency because the economy is producing the maximum amount of goods with the resources available.

The Point Where the PPF Intersects the Vertical Axis Is