What does a PPC demonstrate about scarcity?

Type: MCQ • Marks: 1

A. Scarcity has no effect on production

B. Scarcity creates limits on production choices

C. Resources are unlimited

D. All wants can be satisfied simultaneously

Explanation

Explanation: The boundary of the PPC represents the production constraint created by limited resources.

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Class 9th Understanding Society India and Beyond, Part I

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