combinations lying the production possibilities frontier are impossible to produce with the current resources and technology.

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02-09-2022
Business

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combinations lying the production possibilities frontier are impossible to produce with the current resources and technology.

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Parrainidn Parrainidn · Answer 1 · 2022-09-07T07:22:27-04:00

Combinations lying outside the production possibilities frontier are impossible to produce with the current resources and technology.

What is the production possibilities frontier?

The production possibilities frontier shows the optimal amount of goods that a company can product between two different goods based on current resources and technology.

When a point lies outside the production possibilities frontier, it means that the company cannot produce that quantity with the current capabilities.

Find out more on the production possibilities frontier at https://brainly.com/question/25071524

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What is the production possibilities frontier?

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