dekyah10 dekyah10

06-05-2020
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Select the correct answer.
What does a production possibilities curve represent?

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TheHannibalBarca TheHannibalBarca

06-05-2020

Answer:

The Production Possibilities Curve (PPC) is a model used to show the tradeoffs associated with allocating resources between the production of two goods. The PPC can be used to illustrate the concepts of scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions.

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13-01-2021

Answer:

D. a combination of two goods that can be produced using limited resources

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