Question 41
MediumOriginal questionRead the two statements and choose the correct option.
I. Every point on a PPC shows full and efficient use of resources.
II. A point outside the PPC can be reached by using resources more fully.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Statement I is true: the curve is drawn for full, efficient use.
II is false: resources are already fully used on the curve; a point outside needs more resources or better technology.
- Concept
- Points on and outside the PPC
- Typical timeTypical
- 70 s
- Your timeYours
- —
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Ten questions from Central Problems & the PPC, at your own pace.