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WAEC Economics 2013 Question 49

Question 49

Basic Concepts

Points outside a production possibility curve indicate

  1. A.unattainable production levels.
  2. B.attainable production levels.
  3. C.inefficient, but attainable production levels.
  4. D.optimum production levels.
Show the answer and explanation

Answer: A (unattainable production levels.)

Explanation

Present resources and technology cannot reach points beyond the curve.