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Question
An economy operate on PPF when there is ______.
Options
Optimum utilisation of resources
Inefficient use of resources
Underemployment of resources
None of these
MCQ
Fill in the Blanks
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Solution
An economy operate on PPF when there is optimum utilisation of resources.
Explanation:
An economy operates on the PPF only when resources are fully and efficiently utilised, i.e. optimum utilisation. Inefficient use or underemployment places the economy inside the PPF.
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