Any Point on the Production Possibility Frontier Is

question 283

Multiple Choice

Any point on the production possibility frontier is

• A) attainable and might be allocatively inefficient.
• B) attainable and must be allocatively efficient.
• C) less production efficient than a point in the interior of the PPF.
• D) always allocatively efficient but might or might not be production efficient.
• E) always production efficient and always allocatively efficient.