NSSCAS Economics (8246) Practice Questions - Namibia Senior Secondary Certificate Advanced Subsidiary Level Economics (Syllabus 8246) Exam

On a production possibility frontier (PPF), a point inside the curve indicates that:

All resources are fully and efficiently employed The economy is producing more than its resource capacity allows Resources are unemployed or used inefficiently Opportunity cost is necessarily zero

Correct Answer:

Resources are unemployed or used inefficiently

Access more questions from this quiz

Continue to NSSCAS Economics (8246) Practice Questions - Namibia Senior Secondary Certificate Advanced Subsidiary Level Economics (Syllabus 8246) Exam for more practice questions and the full quiz experience.

Access More Questions