Some resources are not being used. B) decreases. Any point on the frontier (line/curve) is attainable, any point inside the frontier is attainable, ad any point outside the frontier is unattainable. An economy will Always operate at some point on its production possibilities curve. A point inside the production possibilities curve is: A. attainable and the economy is efficient. B) implies that too much labor and not enough capital is being used. true or false 3. Solution for A point inside the production possibilities frontier isa. The production possibilities frontier shows that there are no limits to production. C) a free lunch. b. feasible but not efficient. It is producing 100 units of good X and the opportunity cost of producing 1X is 3Y. The effect of this discovery would be to, 27) After Hurricane Katrina devastated parts of Mississippi and New Orleans in 2005, we can be sure that the production possibilities frontier for that area temporarily. principles-of-economics C) any point on either the horizontal or the vertical axis. 11) On the vertical axis, the production possibilities frontier shows ________; on the horizontal axis, the production possibilities frontier shows ________. B. asked Jul 26, 2019 in Economics by bonilla411. C) is more efficient than points on the production possibilities frontier. there are not enough resources available to produce the combination of goods at the point outside the curve. 4 is also not true. These tradeoffs are present both in individual choice and in the production decisions of entire economies.. 25) Moving from a point inside the production possibilities frontier to a point on the production possibilities frontier, the opportunity cost of producing more of the good on the horizontal axis 1. A point inside a production possibilities frontier :} A) could indicate that resources are misallocated. People Must Make Choices Because Select One: A. both efficient and… D) reflects the fact that more technology needs to be developed to fully employ all resources. d. neithe… D) a point on or inside the production possibilities frontier. a. the impact of cigarette taxes on the smoking behavior of teenagers. Unusually good weather for growing corn shifts. In other words, if more of good A is produced, less of good B can be produced given the resources and productio… 77) Moving from a point inside the production possibilities frontier to a point on the production possibilities frontier, the opportunity cost of producing more of the good on the horizontal axis 77) A) increases. Inefficient Because There May Not Be Enough Technology To Produce More. There is a production possibilities frontier (PPF) that shows the combinations of goods X and Y that can be produced in the economy. A point inside the production possibilities frontier is . The production possibility frontier, of PPF for short, is a concept in economic theory used to denote the trade-offs that exist for producers between two goods. A. inside of . If an economy is producing at a point inside its PPF (c) it is possible to produce more of one good without sacrificing some of the other good. 2. C. unattainable, but the economy is inefficient. 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