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In the production possibilities curve, what does point F represent?
  • a)
    Maximum production of both goods.
  • b)
    Under-utilization of resources.
  • c)
    Efficient allocation of resources.
  • d)
    A break-even point for a business.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In the production possibilities curve, what does point F represent?a)M...
Point F on the production possibilities curve represents under-utilization of resources, where the economy is not using all its resources efficiently.
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In the production possibilities curve, what does point F represent?a)Maximum production of both goods.b)Under-utilization of resources.c)Efficient allocation of resources.d)A break-even point for a business.Correct answer is option 'B'. Can you explain this answer?
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