Which of the following is not emphasized in a product possibility curve?

Source: JAMB · 2024

Which of the following is not emphasized in a product possibility curve?

  1. Scarcity of resources
  2. Economic development ✓
  3. Inefficiency in the use of resources
  4. Unemployment of labour
Explanation

A production possibility curve shows choices between two goods. It highlights scarcity, efficiency, and unemployment of resources.

Economic development is not shown on this curve. The curve only shows what can be produced now with current resources.

The PPC deals with present choices, not long-term growth or development.

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