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  • Question 1
    1 / -0

    Any point beyond PPF is _______.

  • Question 2
    1 / -0

    If production possibility curve is a straight vertical line it means _______.

  • Question 3
    1 / -0

    ____________ is not a positive statement.

  • Question 4
    1 / -0

    Which of these statement is true about production possibility curve (PPC/PPF)?

  • Question 5
    1 / -0

    If production possibility frontier is linear it implies ______.

  • Question 6
    1 / -0

    ______________ involve value judgement.

  • Question 7
    1 / -0

    If an economy is working at a point left to PPF curve it shows that ______.

  • Question 8
    1 / -0

    What does the slope of PPF indicates ?

  • Question 9
    1 / -0

    If production possibility curve is a straight horizontal line it means _______.

  • Question 10
    1 / -0

    Curvature of a PPF is due to _______.

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