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:
wow let me just say this is a mix but it would defiantly be a.) not very interested
1) - entering a war is always connected with causalities, and not having entered this war would have saved American lives.
2) one could argue that there was no immediate thread to the US - in other words, it was "not US's war"
3) the war was a big financial blow to the country
4)one could argue that the US's engagement allowed to force Germany to capitulate (rather than reach some kind of compromise) - and the terms of this capitulation can be claimed to make Nazi Germany possible (Germans grew flustrated with the poverty they brought)
