The points on PPC shows one among the following. Choose the correct option : |
lesser utilisation of resources fuller utilisation of resources growth of resources constant resources |
fuller utilisation of resources |
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. |