All points outside the PPF curve are attainable and efficient.
举一反三
- Production points inside the production possibilities frontie A: are unattainable. B: are attainable only with the full utilization of all resources. C: are associated with unused or misallocated resources. D: esult in more rapid growth.
- Any production point outside the production possibilities frontier _______ A: is unattainable B: is associated with unused resources C: is attainable only if prices fall. D: is attainable only if prices rise
- Adam Smith believes that a country should produce only goods with which it is least efficient, and trade for those goods with which it is most efficient.
- These two arbitrary constants(任意常数) will be determined by the requirement that the curve pass through the fixed points, A and B.
- 中国大学MOOC: When you invest, always find the solutions onthe upper curve of the Efficient Frontier, in order to be safe and rich.