Question

draw a pp curve showing (a) full employment resources (b) under employment of resources (c) growth of resources​

Answer 1

Answer:

In the figure point, A indicates full employment of resources. It is on P1P1, the initial Production Possibility Curve. Point B indicates underemployment of resources. It is below PPC (P1P1). Point C (on a higher PPC) shows growth of resources.

Explanation:

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