Economics · Production Possibility Frontier
Which one of the following statements about the production possibility frontier (PPF) is NOT correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1On the production possibility frontier, the output of one commod ity can be increased without changing the output of another comm odity.✓
- 2Any point on or inside the production possibility frontier is attainabl e under the existing technology and resources.
- 3The different combinations of various goods and services given the available resources and technology are denoted by the production possibility frontier.
- 4The production possibility frontier slopes downwards to the right as resources are limited.
Correct answer
On the production possibility frontier, the output of one commod ity can be increased without changing the output of another comm odity.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Production Possibility Frontier MCQs →Want more practice questions on Production Possibility Frontier?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Production Possibility Frontier