A society that is on its production possibility curve
...A society that is on its production possibility curve
Has attained full employment but not full production
Has attained full production but not full employment
Is using its resources inefficiently
Has attained both full employment and full production
Has a lower output level than it should have
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a disadvantage of localization of industries? ...
The production cost that varies inversely with output is the ...
Which of the following is NOT a feature of land? ...
Individual markets differ from each other according to ...
One factor which influences the slope of a non-linear demand curve for a commodity is the ...
Trades among nations is desirable because ...
A floating exchange rate means that the exchange rate is fixed by the _________ ...
Which of the following best explains the structural changes in the population of a country? ...