Which of the following is an assumption of Production Possibility Frontier?
A. Resources are not fully employed.
B. Resources are not equally efficient for production of the two goods.
C. Resources are not efficiently employed.
D. Resources available are not fixed.[ CBSE Sample Paper 2016]
Answer:B
Which of the following is an assumption of Production Possibility Frontier?
A. Resources are not fully employed. B. Resources are not equally efficient for production of the two goods. C. Resources are not efficiently employed. D. Resources available are not fixed.[ CBSE Sample Paper 2016]