Write True or False with reason.
A point inside the PPC represents under utilisation of resources.

True

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False

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Solution

The correct option is A True
Production possibility curve shows the different combinations of production of two commodities that can be achieved in an economy given the resources and technology, which are to be fully utilized. So if an economy is operating inside the PPC, then it indicates that the economy is under utilizing the supplied resources and technology.

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Write True or False with reason.A point inside the PPC represents under utilisation of resources.

Write True or False with reason.
A point inside the PPC represents under utilisation of resources.