Efficiency in the production-possibilities model suppose Germany produces wheat and digital cameras. The following graph shows Germany's current production
Possibilities frontier (PPF), along with six output combinations (black X symbols) labelled A to F. Which pots on the graph represent output combinations that are inefficient? Which points on the graph represent output combinations that are efficient in production? Which points on the graph represent output combinations that are not feasible?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here