"An economy always produces on, but not inside a PPC", defend or refute. Or Does production take place only on the PPC ?

"An economy always produces on, but not inside a PPC", defend or refut

1.	"An economy always produces on, but not inside a PPC", defend or refute. Or Does production take place only on the PPC ?
Answer» <html><body><p></p>Solution :This statement is refuted. <br/>`` When resources are fully and efficiency utilised, te economy will operate on PPC.Refer to <a href="https://interviewquestions.tuteehub.com/tag/point-1157106" style="font-weight:bold;" target="_blank" title="Click to know more about POINT">POINT</a> (<a href="https://interviewquestions.tuteehub.com/tag/v-722631" style="font-weight:bold;" target="_blank" title="Click to know more about V">V</a>) in the figure. <br/> `` If there is inefficient <a href="https://interviewquestions.tuteehub.com/tag/use-1441041" style="font-weight:bold;" target="_blank" title="Click to know more about USE">USE</a> of resources, then the economy will operate <a href="https://interviewquestions.tuteehub.com/tag/inside-1045864" style="font-weight:bold;" target="_blank" title="Click to know more about INSIDE">INSIDE</a> the PPC. Refer to point (<a href="https://interviewquestions.tuteehub.com/tag/g-1003017" style="font-weight:bold;" target="_blank" title="Click to know more about G">G</a>) in the figure. <br/> <img src="https://d10lpgp6xz60nq.cloudfront.net/physics_images/MIC_ECO_XI_U01_C01_E01_067_S01.png" width="80%"/></body></html>