Underutilization is shown by any point that appears inside the production possibilities frontier. This law states that as production switches from one item to another (for example, from shoes to watermelons), more and more resources are necessary to increase production of the second item (watermelons).

Answer: It appears below or left the side of the on Production Possibility Curve. Explanation: Underutilization means that an economy is producing below the production possibilities curve and there can be various reasons for Underutilization such as Famine, Disaster, War, Disease and Unemployment.

does Point B represent? A combination that can be attained only if all resources are used.

Points that lie to the right of the production possibilities curve are said to be unattainable because they cannot be produced using currently available resources.

: not able to be accomplished or achieved : not attainable unattainable goals an unattainable ideal.

These points are attainable (e.g., point U), but they are not using the resources at the fullest. At point U, if technology or resources are used at full capacity, the economy could be at point B or C, meaning more would be produced. All points outside PPF are unattainable (e.g., point Z).

Unattainable combination is the combination of two goods which is not possible to be produced with allocated resource and available technology. Points on the right on outside the curve represents the unattainable combination of goods.

The PPC can demonstrate the fact that because of scarcity, we must make choices. A point outside the PPC (like point A) is unattainable. . Given our assumptions, this economy cannot produce at point A. As we learned in our lesson on graphing, any point on a graph represents two numbers.

When we are at an efficient point on the PPF, that means that we are using all of our resources for the lowest cost. Each point on the PPF is an efficient, if you are bellow it or above it, it is inefficient. Attainable. What we can produce given the resources that we have. On and under the PPF line is attainable.

As adjectives the difference between attainable and unattainable. is that attainable is able to be achieved, accomplished or obtained while unattainable is impossible to attain or reach; inaccessible, unobtainable or unapproachable; unable to accomplish; beyond limit.

Points outside the production possibilities frontier are not feasible given the current levels of inputs in the economy and current technology. As an economy creates new ideas (or receives them from other countries) on how to produce goods more cheaply, then it can produce more goods.

The Formula for Opportunity Cost is: Opportunity Cost = Total Revenue – Economic Profit. Opportunity Cost = What One Sacrifice / What One Gain.