WAEC Economics 2013 Objective — Question 49
Question 49 of 50 from the West African Examinations Council (WAEC) Economics 2013 Objective paper, with the correct answer and a full explanation.
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Points outside a production possibility curve indicate
- A. unattainable production levelsCorrect
- B. attainable production levels
- C. inefficient, but attainable production levels
- D. optimum production levels
Explanation
Points outside the production possibility curve (PPC) represent unattainable production levels. They only become attainable when there is technological progress or new resources are discovered.
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