Answer to Question #285915 in Microeconomics for ziad

Question

If we can produce more of one product without decreasing the production of the other this means that:

Answer 1

If we can produce more of one product without decreasing the production of the other this means that production possibility frontier (PPF) is said to be efficient. Productive efficiency tells that it is impossible to produce more of one product without decreasing the quantity of producing another product at the available inputs and technology.