where would you plot full employment on a production possibilities frontier? choose one: a. as a point…

where would you plot full employment on a production possibilities frontier? choose one: a. as a point inside the ppf b. as a point beyond the ppf c. as a point on the ppf

where would you plot full employment on a production possibilities frontier? choose one: a. as a point inside the ppf b. as a point beyond the ppf c. as a point on the ppf

Answer

Brief Explanations:

The production - possibilities frontier (PPF) represents the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently employed. Full employment means that all available labor resources are being used in the production process. A point on the PPF indicates that resources are fully and efficiently utilized, which is consistent with full - employment conditions. Points inside the PPF represent under - utilization of resources (including labor), and points beyond the PPF are currently unattainable with the given resources and technology.

Answer:

C. as a point on the PPF