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Use the following data and answer the question.In an economy, the following combinations of two goods can be produced with the available resources, and the given state of technology.If at some other point say K, the economy produces 3,000 Cellphones and 32,000 quintals of Rice, it would __________.a)represent under-utilization of resourcesb)would lie below the PPCc)both (a) and (b)d)neither (a) nor (b)Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about Use the following data and answer the question.In an economy, the following combinations of two goods can be produced with the available resources, and the given state of technology.If at some other point say K, the economy produces 3,000 Cellphones and 32,000 quintals of Rice, it would __________.a)represent under-utilization of resourcesb)would lie below the PPCc)both (a) and (b)d)neither (a) nor (b)Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam.
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Use the following data and answer the question.In an economy, the following combinations of two goods can be produced with the available resources, and the given state of technology.If at some other point say K, the economy produces 3,000 Cellphones and 32,000 quintals of Rice, it would __________.a)represent under-utilization of resourcesb)would lie below the PPCc)both (a) and (b)d)neither (a) nor (b)Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Use the following data and answer the question.In an economy, the following combinations of two goods can be produced with the available resources, and the given state of technology.If at some other point say K, the economy produces 3,000 Cellphones and 32,000 quintals of Rice, it would __________.a)represent under-utilization of resourcesb)would lie below the PPCc)both (a) and (b)d)neither (a) nor (b)Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Use the following data and answer the question.In an economy, the following combinations of two goods can be produced with the available resources, and the given state of technology.If at some other point say K, the economy produces 3,000 Cellphones and 32,000 quintals of Rice, it would __________.a)represent under-utilization of resourcesb)would lie below the PPCc)both (a) and (b)d)neither (a) nor (b)Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Use the following data and answer the question.In an economy, the following combinations of two goods can be produced with the available resources, and the given state of technology.If at some other point say K, the economy produces 3,000 Cellphones and 32,000 quintals of Rice, it would __________.a)represent under-utilization of resourcesb)would lie below the PPCc)both (a) and (b)d)neither (a) nor (b)Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.