The production possibilities frontier is the boundary betwee

The production possibilities frontier is the boundary between the

a. attainable and unattainable combinations of goods and services

b. wanted and unwanted combinations of goods and services

c. rational and irrational choices facing a society

Solution

The PPF is the boundary between attainable and unattainable combinations of goods and services. The points inside and on the PPF shows the combination of goods and services that an economy can achieve. But the points beyond PPF shows the unattainable combinations of goods and services.

Answer- option A

The production possibilities frontier is the boundary between the a. attainable and unattainable combinations of goods and services b. wanted and unwanted combi

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