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refer to exhibit 2-7. point f is unattainable if the economy’s ppf is ppf1 inefficient if the economy’s ppf is ppf2 attainable if the economy’s ppf is ppf2 all of the above none of the above
refer to exhibit 2-7. point f is unattainable if the economy’s ppf is ppf1 inefficient if the economy’s ppf is ppf2 attainable if the economy’s ppf is ppf2 all of the above none of the above
The correct option for the above question is 'none of the above' as none of the above-mentionedoptionsare correct. Point F isunattainableif the economy's production possibilities frontier (PPF) is PPF1.Exhibit 2-7 likely depicts a graph showing the production possibilities frontier of aneconomy. ThePPFrepresents the maximum potential output of two goods or services that can be produced given the available resources and technology. Point F refers to a specific combination of goods on the graph. If the PPF is PPF1 and Point F lies outside or beyond the curve, it indicates that the economy does not have the capacity or resources to reach that level ofproduction. Thus, Point F is considered unattainable.Please note that the other options listed, "inefficient if the economy's PPF is PPF2" and "attainable if the economy's PPF is PPF2," do not directly pertain to Point F. They describedifferent scenariosrelated to PPF2, which are not relevant to determining the attainability of Point F.To learn more aboutPPF, click here:brainly.com/question/29098353#SPJ11...