The point x inside the PPC indicate - JAMB Economics 2022 Question
The point x inside the PPC indicate?
A
resources are fully utilized
B
the country is poor
C
some resources are idle
D
resources are not available
correct option: c
Option C is the correct answer.
If point X lies within the PPC, it means that resources are not being fully utilized and are, in fact, either idle or underemployed.
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