WAEC Economics 2019 Objective — Question 2

Question 2 of 50 from the West African Examinations Council (WAEC) Economics 2019 Objective paper, with the correct answer and a full explanation.

A point X inside a production possibility curve indicates that

A. resources are fully utilized
B. the country is poor
C. some resources are idleCorrect
D. resources are not available

Explanation

A point inside the PPC always indicates underutilization (idle/unemployed resources), while a point on the curve indicates optimal, fully efficient utilization of resources.

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