When in an economy, available resources are fully utilized at that point production of a combination of goods is known as ......... Option 1: Indifference Curve. Option 2: Isoquant. Option 3: Production Possibility Frontier. Option 4: Production Possibility Set.

The answer is 'Production Possibility Frontier.'. View full solution:

CUET Economics - When in an economy, available resources are fully utilized at that point production of a combination of goods is known as ......... | PYQs + Solutions

CUET Economics 2025 13 May Shift 2

Micro

Medium

Indifference Curve.

Isoquant.

Production Possibility Frontier.

Production Possibility Set.

✅ Correct Option: 3