Economy, asked by ParnikaD, 11 months ago

What does a point within the production possibility curve show

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Answered by sivamaster69

0

Answer:

According to the PPF, points A, B and C – all appearing on the PPF curve – represent the most efficient use of resources by the economy. ... Point X represents an inefficient use of resources, while point Y represents the goals that the economy simply cannot attain with its present levels of resources.

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