Chapter 9 The Price Puzzle What Drives the Market - Part 2

What does a point inside the PPC indicate?

Type: MCQ • Marks: 1
What does a point inside the PPC indicate?
Options
A. Production is beyond capacity
B. Production is impossible
C. Resources are unlimited
D. Resources are not being used to full productive potential
Explanation
Explanation: An interior point indicates that more of at least one good could potentially be produced with existing resources and technology.
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Class 9th Understanding Society India and Beyond, Part I

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