The production possibilities frontier is used to illustrate the economic circumstances of scarcity, choice, and opportunity cost. When an economy is in a recession, it is operating inside the PPC. B) attainable, but productive inefficient. The wild frontier in American history refers to the boundary between civilization and the parts of … 7) In a production possibilities frontier diagram, the attainable production points are shown as 7) A) only the points inside the production possibilities frontier. However, if you understand the intuition behind the economics of the PPF it is really just a graphical representation of what a country or individual is able to produce with a fixed amount of inputs. 8) The unattainable points in a production possibilities diagram are A) the points within the production possibilities frontier. B)result in more rapid growth. Points within the curve show when a country’s resources are not being fully utilised A) is at a point beyond the production possibilities frontier B) is on the production possibilities frontier or in- side it C) is at any attainable point D) is on the production possibilities frontier Answer: D Topic: Opportunity Cost Level 2: Using Definitions and Concepts 224) Vicky currently produces at point a … A) are unattainable. 36) Production points inside the production possibilities frontier. This point is shown on the curve as point A. Buy Find arrow_forward. Using our analysis of Marginal Opportunity Cost (MC) from before, we see that the Slope (absolute value) of the PPF is the Marginal Cost of the good on the horizontal axis. Inefficient points b. Equilibrium points c. Efficient… All of the points inside a production possibilities frontier (PPF) are attainable. C) the po ints of the horizontal and vertical intercepts. By connecting the points to form a line, we get an approximation of Econ Isle's different production possibilities. The unattainable points in a production possibilities diagram are the unattainable definition the unattainable story 201 what the word unattainable mean celebrate the nun unattainable love lyrics chasing the unattainable reaching the unattainable the meaning of unattainable the unattainable is unknown the unattainable woman poem. Solution for . Attainable points can be reached while unattainable region is not capable of reaching at this point. Answer: C. Topic: Production Efficiency. This diagram is a powerful tool used to illustrate many important economic concepts like: Scarcity, choice and opportunity cost Point C), while preferable, are unattainable given constraints in resources and time. There are more attainable points than unattainable points in every PPF diagram. A PPF graph displays the different production options that are possible—or even impossible—for an economy. C)are unattainable. C) the points outside the area enclosed by the production possibilities frontier. Explain. Unattainable Points - Unattainable points on the PPF are the points that cannot be achieved due to lack of resources. d. What assumptions could be changed to shift the production possibilities curve? Points outside the PPF (i.e. A frontier is a boundary. 7) The attainable production points on a production possibility curve are A) the horizontal and vertical intercepts. The production possibilities curve is also called the PPF or the production possibilities frontier. D) only the points beyond the production possibilities frontier. When it is at full employment, it operates on the PPC. Concepts covered include efficiency, inefficiency, economic growth and contraction, and recession. D) the points outside the production possibilities frontier. 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