On a production possibility curve, data points that fall outside of the curve represent a) an inefficient allocation of resources. b) a balanced allocation of resources. c) ideal production. d) a currently unattainable production

Step 1: Define the Problem

Identify what data points outside of a production possibility curve (PPC) represent.

Step 2: Break Down the Problem

Understand the concept of a production possibility curve and what different positions relative to the curve indicate:

• Points on the curve
• Points inside the curve
• Points outside the curve

Step 3: Apply Relevant Concepts

• Production Possibility Curve (PPC): Illustrates the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.
• Points on the Curve: Represent efficient production levels.
• Points inside the Curve: Indicate inefficient use of resources.
• Points outside the Curve: Represent levels of production that are not currently possible with the available resources and technology.

Step 4: Analysis, Verify and Summarize

• Points outside the PPC are beyond the current capacity of production, indicating that the resources or technology available are insufficient to achieve these levels of production.

Final Answer

d) a currently unattainable production