Question

Mario's, a pizza and pasta​ producer, experiences increasing opportunity cost. draw a production possibilities frontier for​ mario's that illustrates this fact. label it ppf. draw a point that is attainable. label it attainable. draw a point that is not attainable. label it unattainable. unattainable points are​ ______.
a. outside the ppf
b. inside the ppf but not on the ppf
c. on the ppf but not inside the ppf
d. both outside and on the pp

Answer 1

Unattainable points are​ outside the PPF. The PPF refers to the Production Possibilities Frontier. This is set by the economic standing of a country and a country is not able to perform and produce outside of their set PPF. Due to this, all unattainable points are located outside of the PPF.