WAEC - Economics (2024 - No. 2)
Points within a Production Possibilities Curve (PPC) indicate
optimum production levels.
attainable but inefficient production levels.
unattainable production levels.
attainable and efficient production levels.
Selitys
B: Any point within the PPC curve is under-utilization. Its attainable because, if the economy shrinks it get to it.