Economy, asked by nitara45, 10 months ago

In the given diagram what do points A,B, C, X and D in reference to the use of resources.​

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Answered by queensp73
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  • Points A,B & C are optimum utilisation of resources,if the resources are used in the best possible manner ,then economy will operate at any points (like A,B & C) on PPF.
  • Point X is unattainable combination ,any point outside the PPF (point X) is an unattainable combination.
  • Point D is attainable combination,any point inside the PPF(point D) is an attainable combination.

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