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klemol [59]
3 years ago
8

How does a production possibility curve illustrate scarcity?

Business
1 answer:
Mnenie [13.5K]3 years ago
4 0
<span>We can identify three possible scenarios for the employment and management of resources on the PPF. Points on the curve: these points are attainable by the economy. ... Points inside the curve: these points illustrate less than full employment, or poor management of the economy's resources.</span>
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