From the graph shown Point E shows - JAMB Economics 2023 Question
From the graph shown, Point "E" shows ___
A
product inefficiency
B
product efficiency
C
productive efficiency
D
allocative efficiency
correct option: a
The point labeled 'E' on the graph signifies technological inefficiency, underemployment, widespread unemployment, or inefficient utilization of resources, indicating suboptimal production levels.
Please share this, thanks:
Add your answer
No responses