The importance of production possibilities curve is that it helped demonstrate the maximum possible output of goods given a set amount of resources.
<h3>What is a production possibilities curve?</h3>
It refers to the economic model that shows the maximum combinations of goods and services or any two categories of goods that can be produced from a fixed amount of resources.
The model of Production Possibilities Curve are used to show the tradeoffs associated with allocating resources between the production of two goods. It can be used to illustrate the concepts of scarcity, opportunity cost, efficiency, inefficiency, economic growth, contractions as well.
In conclusion, the importance of production possibilities curve is that it helped demonstrate the maximum possible output of goods given a set amount of resources.
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Answer: C.
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Explanation: Got it right on Edge!
Julius Caesar
came to sole power by defeating Pompey and the senators who endorsed him.
<span>Julius Caesar
with Crassus and Pompey established a political alliance in 60 BC. After this, Caesar became victorious in the
wars and invades territories. He then achieved an unmatched military power. Pompey,
on the other hand went over to the senate after Crassus’ death and the Senate
ordered Caesar to surrender his military power and return to Rome. Caesar
refused and won the civil war which made him to power.</span>