Respuesta :
They follow personal production frontier is true statement about the economic decisions.
What is production?
A final product is created through blending of several inputs, both material and intangible. Ideally, this output will be good or service that makes people's lives more useful. The manufacturing process and the outcomes are intimately related to how well initial inputs are used. Land, labor, and capital—also known as primary producers of goods and services—are three main factors in production. In-depth analysis reveals that all utilized resources, including land, which comprises the natural resources on and beneath the soil, are considered fundamental components. Labor, however, is not the same as human capital. In some cases, in addition to the traditional forces of production, entrepreneurship and technology are seen as emerging aspects in the production process.
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