points inside the ppf are ________while outside the ppf are _________
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The points beyond the PPF curve are unattainable combinations. These points cannot be achieved by existing resources. Thus, any point beyond PPF curve can be attained by increasing supply of resources or factor inputs or by technological innovation with respect to both the goods.
Explanation:
The points beyond the PPF curve are unattainable combinations. These points cannot be achieved by existing resources. Thus, any point beyond PPF curve can be attained by increasing supply of resources or factor inputs or by technological innovation with respect to both the goods.
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