There is unemployment of resources when product... - JAMB Economics 2022 Question
There is unemployment of resources when production is
A
within the production possibility curve
B
outside the production possibility curve
C
along the production possibility curve
D
adequate to meet market demand
correct option: a
Option A is the correct answer.
Inefficient use of resources, widespread unemployment, or resources not being fully employed are indicated by points inside the production possibility curve.
Please share this, thanks:
Add your answer
No responses