What does a point inside the PPC represent - SS2 Economics Meaning of Production Possibility Curve (PPC) Question
What does a point inside the PPC represent?
A
Efficient use of resources
B
Inefficient use of resources
C
Unattainable production levels
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Correct Option: B
(Points inside the PPC represent inefficient use of resources, as the economy is not fully utilizing its resources to produce as much as it can.)
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