A point below pp curve indicates
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A point below PP curve like F, depicts inefficiency or underutilisation of available resources.
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Answer:
By doing so, it defines productive efficiency in the context of that production set: a point on the frontier indicates efficient use of the available inputs (such as points B, D and C in the graph), a point beneath the curve (such as A) indicates inefficiency, and a point beyond the curve (such as X) indicates
Explanation:
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