Correct Answer: (a) The economy has to sacrifice some production of one commodity in order to increase the production of another commodity
Solution:When an economy is on its production possibility frontier, it means that it is operating at its maximum potential and efficiently allocating its resources. This implies that the economy cannot increase the production of one commodity without sacrificing the production of another commodity. In other words, to produce more of one good, the economy has to give up some production of another good.