A. resources are fully utilized
B. the country is poor
C. some resources are idle
D. resources are not available

Correct Answer:

Option C = some resources are idle


Point X in the production possibility curve represents an inefficient use of resources, while points A, B, and C on the PPF curve represent the most efficient use of resources by the economy.

SEE ALSO  The price mechanism is more effective in achieving efficient performance of the economy than the planning mechanism because of the?

Copyright warnings! Do not copy.