wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Any point beyond PPF curve can be attained by _______.

A
increasing supply of factor inputs
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
technological innovation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
both (A) and (B)
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
none of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C both (A) and (B)

The points beyond the PPF curve are unattainable combinations. These points cannot be achieved by existing resources. Thus, any point beyond PPF curve can be attained by increasing supply of resources or factor inputs or by technological innovation with respect to both the goods.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Opportunity Cost and PPF
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon