Sail E0 Webinar
Question
If the economy is producing a combination of goods inside its production possibilities frontier, then
Options:
A .  workers are on vacation
B .  a significant number of workers have little education
C .  some resources are being wasted
D .  technology must improve before output can increase
Answer: Option C
:
C
Any point inside the PPC indicates inefficient utilization of resources.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers