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mafiozo [28]
2 years ago
10

Production possibilities are the a. Alternative combinations of output that can be produced using all available resources and te

chnology. b. Various production methods that producers can employ. c. Various types of input that each manufacturing facility can choose to employ. d. Percentage of output produced by each worker.
Business
1 answer:
sasho [114]2 years ago
7 0

Answer:

The correct answer is letter "A": Alternative combinations of output that can be produced using all available resources and technology.

Explanation:

Production Possibility Frontier (PPF) determines the relationship between the production of as many workers and the usage of as many resources as possible at the highest level. This would maximize jobs and minimize unused capital. It is typically difficult to reach this perfect state, but it serves as a goal to be achieved.

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Please see the answer below:

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