Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Consumer behaviour

Question:

The points on PPC shows one among the following. Choose the correct option :

Options:

lesser utilisation of resources

fuller utilisation of resources

growth of resources

constant resources

Correct Answer:

fuller utilisation of resources

Explanation:

The correct answer is option (2) : fuller utilisation of resources

Points on the Production Possibility Curve (PPC) represent combinations of goods and services that can be produced with given resources and technology. These points demonstrate the fullest utilization of resources available in the economy to produce different combinations of goods and services.