Economics · Introduction to Economics
Match the descriptions in List-I related to the Production Possibility Curve (PPC) with the terms in List-II: List-I: (a) Point inside the PPC (b) Point outside the PPC (c) Outward shift of the PPC (d) Point on the PPC List-II: (i) Growth of inputs and technological advancement (ii) Underutilization of resources/unemployment (iii) Unattainable combination (iv) Productive efficiency
- 1(a)-(ii), (b)-(iii), (c)-(i), (d)-(iv)✓
- 2(a)-(ii), (b)-(i), (c)-(iii), (d)-(iv)
- 3(a)-(iii), (b)-(ii), (c)-(i), (d)-(iv)
- 4(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)
Correct answer
(a)-(ii), (b)-(iii), (c)-(i), (d)-(iv)
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