Consider the point C in the PPF curve drawn below.3028262422201816141210864ONA210Point Ba.Point C is efficient.b. Point C is affordable.c. Point C isunattainable.d. Point C is inefficient.Point A3040Point C

PPF stands for the production possibility frontier. It is the production possibilities frontier that…

Answered: Consider the point C in the PPF curve…

Consider the point C in the PPF curve drawn below. 30 28 26 24 22 20 18 16 14 12 10 8 ON A 2 0 10 Point B 20 Point A 30 40 Point C 50

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter2: Production Possibilities Frontier Framework

Section: Chapter Questions

Problem 6WNG

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Welfare Analysis

Welfare analysis of the society is related to welfare economics. From the economic point of view former welfare economics refers to that subject which uses the techniques of microeconomics to analyse and evaluate the welfare at the economic or aggregate level.

Question

Consider the point C in the PPF curve drawn below.
30
28
26
24
22
20
18
16
14
12
10
8
6
4
ONA
2
10
Point B
a.
Point C is efficient.
b. Point C is affordable.
c. Point C is
unattainable.
d. Point C is inefficient.
Point A
30
40
Point C

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please use drop down shown to provide answer to what happens to ppf and explanation