I secure tittps:N4trpressonine cengage com/product 8-930a-4672-034c-7dbBd52 Econ
ID: 1139169 • Letter: I
Question
I secure tittps:N4trpressonine cengage com/product 8-930a-4672-034c-7dbBd52 Econ Macros ASSIGNMENTS STUDYBOARD Ales Beninez Arce EXT 1/25 Suppose the production possiblities frondier IPPF) of an economy has been ploted on a graph. it the horizontal ails of the graph measures the output of capital goods and the vertical axis measures the output of consumer goods, then a point outside the PPf represents an unattainable output combination of the two goods in the economy an ineficient output combination of the two goods in the economy an output combination of more consumer goods than capital goods a smaller quantity of consumer goods than that represented by a point inside the PP a smaliler quantity of capital goods than that represented by a point inside the PPEExplanation / Answer
The production-possibility frontier (PPF) shows the maximum quantity of goods that can be produced efficiently in an economy given the technological prowess and quantity of available inputs.
A point outside the frontier is infeasible or unattainable.
Therefore a point outside the PPF represents
an unattainable ouput combination of the two goods in the economy.