Economics Production Possibility Frontier Questions
Attainable points on the production possibility frontier refer to combinations of goods and services that can be produced using the available resources and technology efficiently. These points lie on or inside the production possibility frontier curve.
On the other hand, unattainable points on the production possibility frontier represent combinations of goods and services that cannot be produced given the current resources and technology. These points lie outside the production possibility frontier curve.
In summary, the difference between attainable and unattainable points on the production possibility frontier is that attainable points can be achieved efficiently, while unattainable points cannot be achieved with the given resources and technology.