The attainable production points on a production possibility curve are
A) the horizontal and vertical intercepts.
B) the points along and inside the production possibility frontier.
C) the points outside the area enclosed by the production possibilities frontier.
D) the points along the production possibilities frontier

Option (B) is correct.

Explanation:

Production possibility frontier depicts all the possible combination of two goods to be produced with the available resources. When a nation is producing at any point on the production possibility curve then that nation exhibits efficiency. And, all the points inside the PPF curve are also attainable but the points outside the PPF curve are not affordable because the resources and technology are limited.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know