Making algebra encyclopedically accessible

Economics Graphs: Production Possibility Frontier I

By M Medina

Directions and/or Common Information:

On the Production Possibility Frontier graph, point Z represents

equilibrium

disequilibrium

underutilization

efficiency

On the Production Possibility Frontier, points A represents

The maximum production of both guns and bread

The production of all bread and no guns

The production of all guns and no bread

The production of no goods