Points Outside the Production Possibilities Frontier Represent

question 166

Multiple Choice

Points outside the production possibilities frontier represent

• A)unemployment of resources
• B)inefficient use of resources
• C)combinations that are attainable only if all resources are used fully and efficiently
• D)currently unattainable combinations of outputs
• E)the only currently attainable combinations from which society must choose

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Definitions:

Torn Condition

The state of being ripped or damaged, usually referring to physical items like paper or fabric.

Dislocated

Often referring to workers who have lost their jobs due to economic changes, making it difficult for them to find equivalent employment.

Sue

to bring a legal action against someone in order to obtain a remedy or compensation.

Landlord

An individual or entity that owns and rents out real estate, providing the lessee or tenant with the right to use the property under agreed conditions.