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.
Add your answer
Please share this, thanks!
No responses