Any point on a country's production possibilities frontier represents a combination of two goods that an economy a. will never be able to produce. b. can produce using all available resources and technology. c. can produce using some portion, but not all, of its resources and technology. d. may be able to produce in the future with more resources and/or superior technology.

Respuesta :

Answer:

The correct answer is option b.

Explanation:

A production possibility frontier shows the different combinations or bundles of two goods that can be produced using all the given resources and technology.

It shows the most efficient and attainable bundles of goods. The points above the frontier show unattainable bundles because they need more resources.

The points below the frontier are attainable but inefficient because all the resources are not being fully utilized.