A Point Inside a Production Possibilities Frontier

question 117

Multiple Choice

A point inside a production possibilities frontier

• A)indicates some unused or misallocated resources.
• B)is unattainable.
• C)is preferred to a point on the production possibilities frontier.
• D)indicates a point of production efficiency.
• E)illustrates the idea of opportunity cost.

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Definitions:

Depression

A common and serious medical illness that negatively affects how you feel, the way you think, and how you act, characterized by persistent feelings of sadness and/or a loss of interest in activities once enjoyed.

Urticaria

Also known as hives, a skin condition characterized by red, itchy, raised welts that result from an allergic reaction or other causes.

Pruritus

Medical term for itching, a bothersome sensation that leads to the urge to scratch, often associated with a range of skin conditions.

Phenytoin

An anticonvulsant medication used to manage and prevent seizures by stabilizing neuronal membranes and reducing electrical conductance.