wrightleah97 wrightleah97
  • 17-09-2020
  • Social Studies
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A point marked outside of the curve on a PPF diagram means what?

A point marked outside of the curve on a PPF diagram means what class=

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smithtamaiya596
smithtamaiya596 smithtamaiya596
  • 17-09-2020

Answer:In the PPF, all points on the curve are points of maximum productive efficiency (no more output of any good can be achieved from the given inputs without sacrificing output of some good); all points inside the frontier (such as A) can be produced but are productively inefficient; all points outside the curve

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