From the graph below, Point "E" shows--------------

Economics

JAMB 2023

A. product inefficiency
B. product efficiency
C. productive efficiency
D. allocative efficiency

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Correct Answer: Option A

Explanation

Point 'E" inside the graph indicates it is technologically inefficient" , Underemployed" or wide spread unemployent" or resources are not fully utilized or production inefficient"

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From the graph below, Point "E" shows--------------

Correct Answer: Option A

Explanation

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