Question

Any point outside a country's production possibilities frontier represents a combination of two goods that an economy 1. can produce using all available resources and technology. 2. can produce using some portion, but not all, of its resources and technology. 3. will never be able to produce even with an increase in resources or superior technology. 4. cannot currently produce.

Answer 1

Answer:

4. cannot currently produce.

Explanation:

The Production Possibilities Frontier is a graph that shows a combination of goods that can be produced using the resources and technology available and the points outside this curve are not possible to produce with the current levels of resources and technology. According to this, the answer is that any point outside a country's production possibilities frontier represents a combination of two goods that an economy cannot currently produce because that will require more resources and technology.