a
resources are fully utilized
b
the country is poor
c
some resources are idle
d
resources are not available
Explanation
Correct Option
cVideo Explanation
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Anthonysama
2 years ago
Things to note on PPC/PPB/PPF
1.The points on the slope of the PPC indicates efficient use of resources
2.At the points outside the PPC,production is not feasible due to limited resources and tecnology
3.Any points inside the PPC indicates inefficiency in the use of resources or underutilisation of resources
4.The downward slope of the PPC represents opportunity cost
