In the graph, point C is A PPC for wheat (tonnes) and cloth (lakh metres), bowed out from the origin, from 45 lakh m of cloth with no wheat to 50 tonnes of wheat with no cloth. Point A (20 wheat, 15 cloth) lies inside the curve, point B (40 wheat, 27 cloth) lies on it, and point C (45 wheat, 40 cloth) lies outside it.

In the graph, point C is — CUET Economics practice

In the graph, point C is

Question 30

EasyOriginal question

In the graph, point C is

A PPC for wheat (tonnes) and cloth (lakh metres), bowed out from the origin, from 45 lakh m of cloth with no wheat to 50 tonnes of wheat with no cloth. Point A (20 wheat, 15 cloth) lies inside the curve, point B (40 wheat, 27 cloth) lies on it, and point C (45 wheat, 40 cloth) lies outside it.

attainable, and resources are fully used thereCorrect answerYour answerattainable, but some resources are idle thereCorrect answerYour answerthe point of maximum wheat outputCorrect answerYour answerunattainable with the existing resources and technologyCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

C (45 wheat, 40 cloth) lies outside the PPC, beyond what current resources can produce.
Only growth in resources or better technology, which shifts the PPC out, could make it attainable.

Concept: A point outside the PPC
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsThe production possibility curve

Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.

Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.

In the graph, point C is

Question 30

Explanation