English

A point outside the PPF indicates ______.

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Question

A point outside the PPF indicates ______.

Options

  • Fuller utilisation of resources

  • Unutilisation of resources

  • Unattainable combination

  • None of these

MCQ
Fill in the Blanks
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Solution

A point outside the PPF indicates unattainable combination.

Explanation:

A point outside the PPF cannot be produced with the available resources and technology, so it is an unattainable combination. Points on the PPF show fuller utilisation, and points inside show underutilisation.

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Chapter 1: Introduction - OBJECTIVE QUESTIONS [Page 1.33]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 1 Introduction
OBJECTIVE QUESTIONS | Q 12. | Page 1.33
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