chrissreyes74
chrissreyes74 chrissreyes74
  • 03-10-2020
  • Social Studies
contestada

Why can production only take place on or inside the frontier?

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Morganlawson1355
Morganlawson1355 Morganlawson1355
  • 03-10-2020

Answer:

Production may occur anywhere on or within the frontier. ... Inefficient production means not all resources are being fully employed – it is still possible to increase production of both goods. This could occur during a recession or depression, or in a developing country. The PPF can be used to show tradeoffs.

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