leandro2098p32t3j leandro2098p32t3j
  • 24-01-2018
  • Business
contestada

Where would a point of underutilization appear on a production possibilities graph?

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annarambulo
annarambulo annarambulo
  • 24-01-2018
it would appear below or to the left of the production possibilities frontier
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AnShults AnShults
  • 21-11-2019

Answer:

It appears below or left the side of the on Production Possibility Curve.

Explanation:

Underutilization means that an economy is producing below the production possibilities curve and there can be various reasons for Underutilization such as Famine, Disaster, War, Disease and Unemployment.

An Underutilization Economy is operating inefficiency and underutilizing available resources producing below the production possibilities curve.

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