A point outside a society's production possibilities curve is one that is
Part 2
A.
unattainable given the resources of the society.
B.
technologically inefficient.
C.
undesirable given the implied underemployment of resources.
D.
desirable since it satisfies the desires of the population.

Question

Business

Answered

A point outside a society's production possibilities curve is one that is
Part 2
A.
unattainable given the resources of the society.
B.
technologically inefficient.
C.
undesirable given the implied underemployment of resources.
D.
desirable since it satisfies the desires of the population.

Sagot :

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Jayilych4realid Jayilych4realid · Answer 1

A point outside a society's production possibilities curve is one that is A. unattainable given the resources of the society.

What is a Production Possibilities Curve?

This refers to the economic model that shows the cost of a society's choice when faced with the choice of different goods.

Hence, given the graphical curve, it can be noted when there is a point outside the production possibilities curve of a given society, this means that the goods are unattainable given the resources of the society.

Read more about Production Possibilities Curve here:

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