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