In a particular economy, only two products may be made: butter and ice cream. The diagram below shows the production possibility frontier for the two products, given currently available resources: Suppose that it is currently planned to produce the combination of butter and ice cream indicated by point F on the diagram. Which of the following statements is true? Question 12Select one: A. It is best to increase production of butter so that the combination of butter and ice cream lies on the production possibility frontier at point C B. Point F is inside the production possibility frontier, so it is possible to produce an economically more desirable combination of butter and ice cream by moving to the frontier; however, it is not possible to decide on the best combination to produce unless we know the overall preferences of consumers in the society. C. It is best to increase production of ice cream so that the combination of butter and ice cream lies on the production possibility frontier at point D D. It is not actually possible to produce at point F because this is outside the production possibility frontier