The figure shows the trade-off between consumption and quality of the environment. Which of the following statements best explains the shape of the feasible consumption frontier?

What does a point inside the production possibilities frontier (PPF) represent?   A. An efficient allocation of resources B. An underutilization of resources C. A technologically advanced production point D. An unattainable production level given current resources

+1 >> CENGAGE MINDTAP Homework: Chapter 02 3. Shifts in production possibilities Suppose France produces two types of goods: agricultural goods and capital good. The following graph shows its current production possibilities frontier (PPF) for corn, an agricultural good, and airplanes, a capital good. On the following graph, adjust the production possibilities frontier (PPF) to show the effects of an improvement in soil quality because of new fertilization techniques. Hint: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. AIRPLANES (Thousands) 360 300 240 180 120 60 0 0 10 20 30 PPF 40 50 60 CORN (Millions of bushels) PPF

Use the PPF to answer the following question: 1. Can we determine if Point F is allocatively efficient?