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Questions tagged 'Production Possibilities Frontier'

1 questions

E
Emilia O'Kon

Oct 11, 2024

Production possibilities frontiers curve when they are charted on a graph because they show a. the underutilization of resources.

Why does the production possibilities frontier (PPF) curve when charted on a graph? a. It illustrates the underutilization of resources. b. It shows the maximum possible output of goods and services....