Lower Production Possibilities Frontier

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  If it is not on the production-possibilities frontier, more could be produced with the given resources and technology. Because greater production would increase value, any position below the production-possibilities frontier is inefficient.

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  In other words an improvement in resource allocation leads to an expansion of the production possibilities frontier. Investment in production can expand production possibilities frontier.

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  WWW.INDIAINFOLINE.COM This discusses the production possibilities frontier

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  Please view the attachment for the production possibilities frontier chart. 1. (Growth and the PPF) Use the production possibilities frontier (PPF) to demonstrate economic growth. a.