The correct answer is True.
<em>It is </em><u><em>true </em></u><em>that a production possibilities frontier represents the different choices or trade-offs a society faces.
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In an economy, a production possibilities frontier or PPF is a transformation curve where economist can identify the máximum number of possibilities of two goods when resources are fixed. This serves a Company that has limited resources to make a decision on two things. The graphic shows a curve; one good in the “x” axis and the other one is in the “y” axis.
Answer:
the answer is D (please give brainliest)
Explanation:
Answer: Overproduction led to price decreases.
Explanation:
Ok so this looks very hard but i am so sorry but i cant help i just dont know how to do this.
Equilibrium quantity is simultaneously equal to both the quantity demanded and quantity supplied. In a market graph, the equilibrium quantity is found at the intersection of the demand curve and the supply curve. Equilibrium quantity is one of two equilibrium variables. The other is equilibrium price.
