What Does a Point on a Country's Production Possibilities Frontier

question 137

Multiple Choice

What does a point on a country's production possibilities frontier represent?

• A) a combination of two goods that an economy will never be able to produce
• B) a combination of two goods that an economy can produce using all available resources and technology
• C) a combination of two goods that an economy can produce using some of its resources and technology
• D) a combination of two goods that an economy may be able to produce sometime in the future with additional resources and technology

---

Definitions:

Common Character

A character found frequently or typically used in a given context, such as letters in text processing or symbols in programming.

Delimited Text File

A text file where each data field is separated by a specific character, such as a comma or tab, to organize data into columns.

CSV File

A "Comma-Separated Values" file format that allows data to be saved in a tabular format, easily read by spreadsheet, database, and many other types of software.

Record

Refers to a single, complete unit of information in a dataset or database, akin to an entry that holds relevant data fields.