Post Utme Ims U 2023 Economics Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Ims U Economics examination.

Post Utme Ims U 2023 Economics Objective / Multiple Choice
Question 22 POST_UTME_IMS_U • 2023 • ECONOMICS • objective
Post Utme Ims U 2023 Economics Question 22 diagram

A firm's production possibilities curve (PPC) is a graphical representation of the various combinations of two goods that a firm can produce given the available resources and techno\logy. Which of the following is a characteristic of a PPC?

Answer Options

A. It is a straight line.
Correct Answer B. It is a curve.
C. It is a rec\tangle.
D. It is a triangle.
Correct Answer
B
Correct Option:
It is a curve.

About This Question

This is Post Utme Ims U 2023 Economics Question 22. It is one of the objective questions from the 2023 Post Utme Ims U Economics examination.

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