all points inside the production possibilities curve indicate

34) All points inside the production possibilities curve indicate. The PPF simply shows the trade-offs in production volume between two choices. A point beneath the curve indicates inefficiency, and a point beyond the curve indicates impossibility. 35) A production point that lies outside the Production Possibilities Curve (PPC) A) denotes inefficiency. The production possibilities curve is also called the PPF or the production possibilities frontier. A) a lack of sufficient supply. A production possibility frontier is used to illustrate the concepts of opportunity cost, trade-offs and also show the effects of economic growth. C) the law of increasing relative cost. 85. B) indicates unemployment. B. that resources are imperfectly substitutable among alternative uses. https://www.khanacademy.org/.../v/production-possibilities-curve Points within the curve show when a country’s resources are not being fully utilised Production points inside the curve show an economy is not producing at its comparative advantage. c. requires more resources than are presently available. D) the law of decreasing relative cost. A point lying inside the production possibilities curve a. indicates that resources are not being fully or efficiently used. All choices along the curve shows production efficiency of both goods. Production possibility curve shows the different combinations of the production of two commodities that can be achieved in an economy given the resources and technology which are to be fully utilized. d. represents an increase in resources. all points on the production possibilities curve: zCirurgia Realizada (Pós-OP) / all points on the production possibilities curve: 1 de janeiro de 2021 A. the presence of technological change. b. illustrates resources being used to their fullest potential. The slope of the production possibilities frontier represents the magnitude of this tradeoff. Production Possibilities. Any point inside the production possibilities curve indicates:? In this diagram AF is the production possibility curve, also called or the production possibility frontier, which shows the various combinations of the two goods which … If a point falls inside the production possibility curve it means either the resources are under utilised or there is unemployment in the economy. 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