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15. Output combinations inside a production possibility frontier

a. are unattainable.

b. are attainable only with the full utilization of all resources.

c. are associated with unused resources.

d. result in more rapid growth.

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Microeconomics
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Finding out the Tradeoff between Economic Output and Environment
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Raushan Raj
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30 Oct 2020

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Related questions

14. Production points inside the Production Possibility Frontier (PPF) are

a. efficient but not attainable.

b. efficient and attainable.

c. inefficient and not attainable.

d. inefficient and attainable.

 

A point on a nation's production possibilities frontier indicates:

a) levels of production that will cause both unemployment and inflation.

b) combinations of output that are unattainable. given the current stock of resources and technology.

c) that resources are fully utilized in producing the given combination of goods and services.

d) an undesirable combination of goods and services.

The unattainable points in a production possibilities diagram are:

A. the points within the production possibility frontier 

B. the points along the production possibility frontier

C. the points of the horizontal and vertical intercepts 

D. the points outside the production possibility frontier

 

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