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Question on: JAMB Economics - 2022

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

Ask EduPadi AI for a detailed answer
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.

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