A Point Inside The Production Possibilities Frontier Is Efficient But Not Feasible

Both efficient and feasible. The production possibilities frontier.

Guns And Butter Curve

Part b if at its present point of production germany must give up 10 units of beer measured on the vertical axis to produce one more unit of bread measured on.

A point inside the production possibilities frontier is efficient but not feasible. If a discovery of the remarkable health benefits of hot dogs were to change consumers preferences it would. In this case point a is feasible but inefficient since it lies inside the production possibilities frontier. Part a a point inside the production possibilities frontier is efficient but not feasible.

A point inside a production possibilities frontier is answers a point inside the ppf means that resources are not being used efficiently. Thus option b is correct. The slope of the production possibilities frontier represents the magnitude of this tradeoff.

Efficient but not feasible. The point on the ppf is the efficient point. Feasible but not efficient.

Points on rather than inside the production possibilities frontier represent efficient levels of production. An economy produces hot dogs and hamburgers. A point inside the production possibilities frontier is feasible but not efficient.

Production possibility frontier of a country is the point at which a country s economy is most efficient in producing its goods services and therefore allocating and using it s resource at its best possible way. Both efficient and feasible. The point inside the ppf is called as the feasible point but not an efficient one.

Points that lie above the production possibilities frontier curve are not possible unattainable because the quantities cannot be produced using currently available resources and technology. A point inside the production possibilities frontier is. Since the production possibilities frontier represents all of the points where all resources are being used efficiently it must be the case that this economy has to produce fewer guns if it wants to produce more butter and vice versa.

Points that lie strictly below the frontier curve are inefficient because the economy can produce more of at least one good without sacrificing the production of any other good with existing resources and technology. A point inside the production possibilities frontier is feasible but not efficient. Only the point on the ppf is called the efficient point.

That means it represents the efficient level of production. Feasible but not efficient. One or more resources land labor or capital is being.

Neither efficient nor feasible.

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