WAEC Economics 2024 Objective — Question 2
Question 2 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.
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2. Points within a Production Possibilities Curve (PPC) indicate
- A. optimum production levels.
- B. attainable but inefficient production levels.Correct
- C. unattainable production levels.
- D. attainable and efficient production levels.
Explanation
Any point within the PPC curve represents under-utilization. It is attainable because, if the economy shrinks, it gets to it.
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