8) The points outside the production possibilities frontier are A) efficient. Attainable points can be reached while unattainable region is not capable of reaching at this point. The ppf is a graphical representation of the data found in the table and is known as the production possibilities frontier. infeasible production points Oeconomic growth. However moving into the unattainable region would be better for the economy. C)the limits on production imposed by our limited resources and technology. Therefore, a point outside of the production possibility frontier (such as J) is currently impossible – there are simply not enough resources. The points in between L and M represent all the possible combinations of agricultural and manufactured goods that are currently possible. D) unattainable. A country's consumption possibilities frontier can be outside its production possibilities frontier if a. the country engages in trade. 1. 8) 9)Any production point outside the production possibilities frontier A)is attainable only if prices fall. Get more help from Chegg Get 1:1 help now from expert Economics tutors B) attainable. will be no agricultural goods (point M). A point beneath the curve indicates inefficiency, and a point beyond the curve indicates impossibility. 2. 8)A production possibilities frontier does NOTillustrate A)attainable and unattainable points. Are always choices that have to be made c. Scarcity is reflected by the unattainable points such as x. It is easiest to understand the PPF by visualizing it in just two dimensions. All of the points inside a production possibilities frontier (PPF) are attainable. point outside the production possibility frontier are attainable but inefficient. Production Possibility Frontier (PPF) PPF refers to the curve formed by a combination of production of two goods in such a way that the resources and technology are utilized in the most efficient way. The production possibility frontier (PPF) can be very complex when there are several items to choose between. Answer: D Diff: 2 Page Ref: 39 Topic: Production Possibilities Frontiers *: Recurring Learning Outcome: Micro-3: Discuss different types of market … All of the points outside the production possibilities frontier are unattainable. D)opportunity cost. c. the country’s technology is superior to the technologies of other countries. B)the exchange of one good or service for another. For a country, there can be thousands of products that it can make and a near-infinite combination of production possibilities. C the points outside the area enclosed by the production possibilities frontier. 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