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WAEC 2024

Points within a Production Possibilities Curve (PPC) indicate

  1. Aoptimum production levels.
  2. Battainable but inefficient production levels.
  3. Cunattainable production levels.
  4. Dattainable and efficient production levels.

Explanation

Points inside or within a Production Possibilities Curve (PPC) represent levels of production that are attainable with available resources, but are inefficient because resources are being underutilized or underemployed.

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