A Point Lying to the Northeast of the Production Possibilities

question 30

Multiple Choice

A point lying to the northeast of the production possibilities frontier is:

• A) unattainable.
• B) efficient.
• C) inefficient.
• D) profitable.

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Definitions:

Argumentum Ad Decorum

A logical fallacy where one appeals to what is deemed appropriate by social standards rather than presenting a valid argument.

Appeal To Emotion

The fallacy of trying to get someone to accept a proposition on the basis of an emotion one induces.

Fallacy Of Subjectivism

A logical fallacy that occurs when someone argues that something is true or false based on their personal feelings or beliefs rather than objective evidence.

Fallacy

A mistaken belief or incorrect reasoning that results in an invalid argument.