Can an Unattainable Point Ever Be Reached?
All Points Outside Ppf Are Unattainable (E. G. , Point Z). Point Z Could Be Attained Only If Technology or/and Resources Increase and the Economy Shifts Its...
All points outside PPF are unattainable (e.g., point Z). Point Z could be attained only if technology or/and resources increase and the economy shifts its PPF to the right. Such movement is considered an economic growth .
What does it mean when a point is unattainable?
Points that lie to the right of the production possibilities curve are said to be unattainable because they cannot be produced using currently available resources.
Is an unattainable point efficient?
Efficient: any point on the PPC is efficient. Such a point shows a combination of goods that are being produced at full employment of resources with no wastage. Unattainable: any point outside the PPC is unattainable.