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True or False with Reason: Production Possibility Curve shows the point at which the economy actually operates.

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प्रश्न

True or False with Reason:

Production Possibility Curve shows the point at which the economy actually operates.

सत्य या असत्य
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उत्तर

This statement is false.

Explanation:

  • The PPC shows the maximum production possibilities available with given resources and technology.
  • The actual operating point depends on how well resources are used and may lie on or inside the curve.
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अध्याय 1: Introduction - OBJECTIVE QUESTIONS [पृष्ठ १.३१]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
अध्याय 1 Introduction
OBJECTIVE QUESTIONS | Q 17. | पृष्ठ १.३१
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