Question

Where would you plot full employment on a production possibilities frontier if all other resources are being used efficiently?

Answer 1

Answer:

A point on the curve

Explanation:

The production possibility frontier is a curve that shows the maximum output of two good that can be gotten if all resources available are fully and efficiently employed. Labour is one of such resources and all points on the PPF means that all resources are fully and efficiently utilized. Hence, labour like every other resource that is fully utilized will be on a point on the PPF.