There are 50 states within the US
From the given diagram of PPC, point A represents wastage, inefficiency, and unemployment.
<h3>What is PPC?</h3>
PPC stands for production possibility curve where the effects of two goods are presented graphically.
In the given PPC diagram, there are quantities of two goods represented one is butter on the x-axis and the other is guns on the y-axis. Point A in the diagram represents that the goods are being underutilized in respect of the goods available for disposal.
Therefore, option B is the correct answer.
Learn more about the PPC in the related link:
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Answer: Portuguese explorer
Explanation:
Portuguese navigator who is generally credited as the first European to reach Brazil
Answer:
the process by which markets move to equilibrium is so predictable that economists sometimes refer to markets as being governed by the law of supply and demand.
Explanation:
