Question

Full utilization of resources points lies on which side of PPC ?​

Answer 1

Explanation:

It appears from the PPC that any point within the enclosed area OFA, say, P, indicates that resources are underutilised. Movement from the point within the enclosed area to any point on the curve AF shows fuller utilization of resources at present.

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Answer 2

Answer:

Production possibility curve shows all the different attainable combinations of production of two commodities that can be achieved in an economy with the given resources and technology, which are to be fully utilized. Therefore, an economy operating on any point on the PPC represents full employment of available resources.

Therefore, an economy operating on any point on the PPC represents full employment of available resources.