Question

All situations A to F deal with _________.

Situation	Cell-phones(units)	Rice(quintals)
A	$0$	$60,000$
B	$1000$	$55,000$
C	$2000$	$48,000$
D	$3000$	$38,000$
E	$4000$	$23,000$
F	$5000$	$0$

• A. full use of available resources
• B. under-utilisation of available resources
• C. no use of available resources
• D. demand for more resources

Answer 1

The correct option is A full use of available resources

In an economy, the following combinations of two goods can be produced with the available resources, and the given state of technology.All situations A to F deal with full use of available resources.

If we plot the points, all the points will lie on the PPC.

Production possibility curve shows all different attainable combinations of the production of two commodities that can be produced in an economy given the resources and technology which are to be fully utilized.