Economy, asked by chiragverma4843, 1 year ago

An economy always produces on but not inside a ppc defend or refute

Answers

Answered by twosword
6
An economy can produce both on PPC and inside a PPC but never outside a PPC. Now when economy utilises it's resources efficiently and optimally then it's economy will produce on PPC but if resources are not utilised properly then it will produce inside a PPC. Hence both the cases can happen.
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