AACSB: Reflective thinking . A point on the production possibilities frontier reflects an? A) ... Any point on the frontier (line/curve) is attainable, any point inside the frontier is attainable, ad any point outside the frontier is unattainable. Lesson summary: the production possibilities frontier. Is more efficient than a point on the production possibilities frontier. The production possibility frontier indicates the maximum production possibilities of two goods or services, assuming a fixed level of technology and only one choice between the two. This is the currently selected item. Answer: D. Topic: Production Efficiency. 3. D) a point inside the production possibilities frontier. Up to this point we've graphed the PPF as a straight line. This quiz has around twelve questions of the same topic; choose the correct answer. However, a straight line doesn't best reflect how the real economy uses resources to produce goods. The Production Possibilities Frontier Illustrates the Law of Increasing Opportunity Cost, Segment 3 ... Our final lesson focuses on the shape of the frontier line. How does the production possibilities frontier show that every choice involves a tradeoff? B) the midpoint of the production possibilities frontier. Image Transcriptionclose. Producing one good always creates a trade off over producing another good. b.) PPCs for increasing, decreasing and constant opportunity cost. 41) Consider the PPF for office buildings and housing shown in the figure above. C) a point outside the production possibilities frontier. The PPC or production possibility curve/ frontier is a presumptive depiction of the different conceivable combinations of two goods that can be produced within the given available resource. Could indicate that resources are misallocated. c.) Reflects the fact that more technology needs to be developed to fully employ all resources. Skill: Analytical. 24, A point on the production possibilities frontier reflects an a attainable point with full employment of all resources b. attainable point without full employment of all resources -c. unattainable point with full employment of all resources d. unattainable point without full … The Production Possibilities Frontier . d.) Implies that too … The curvature of the PPF reflects increasing opportunity cost when substituting one type of Any point inside the frontier reflects production where one or both outputs may be increased without decreasing the other output level. Practice: Interpreting graphs of the production possibilities curve (PPC) International trade shifts the nation's production possibilities frontier inward. Choices a.) Points on the production possibilities curve thus satisfy two conditions: the economy is making full use of its factors of production, and it is making efficient use of its factors of production. 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