Any point inside the production possibility curve represents ?

Related Mcqs:

“Economics is the study of causes of material welfare” was defined by___________________?

A. Adam Smith B. Marshall C. Robins D. Marks...

A compensation device through which workers receive part of their pay in the form of share of their employer’s profit___________________?

A. Labour laws B. Labour saving scheme C. Profit sharing plan D. Profit maximizing plan...

A type of unemployment caused by insufficient total spending___________________?

A. Under employment B. Underdevelopment C. Cyclical unemployment D. None...

Changing the term of existing loan________________?

A. Debt repudiation B. Debt renegotiation C. Debt transformation D. All...

Rural based population in developed countries___________________?

A. 42 % B. 27 % C. 50 % D. 35 %...