Economy, asked by danielpait15, 5 months ago

what does a point below the production possibility frontier indicate?

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Answered by nagavinothinirm3

Answer:

Points that lie either on or below the production possibilities frontier/curve are possible/attainable: the quantities can be produced with currently available resources and technology. ... Points that lie on the frontier/curve are efficient.

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what does a point below the production possibility frontier indicate?​

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what does a point below the production possibility frontier indicate?