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Vesnalui [34]
2 years ago
12

A production possibilities frontier represents the different choices or trade-offs a society faces. True. False..

History
2 answers:
IRINA_888 [86]2 years ago
3 0

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. </em>

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.  


Makovka662 [10]2 years ago
3 0
The production possibilities frontier also called the production possibilities curve represents the different choices or trade-offs that a society faces given a finite number of resources. This is True. 
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