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lana [24]
3 years ago
13

What does a production possibilities curve represent?

Social Studies
1 answer:
Monica [59]3 years ago
3 0

Answer:

Explanation:production possibilities curve PPC also called a production possibilities frontier a graphical model that represents all of the different combinations of two goods that can be produced the PPC captures scarcity of resources and opportunity costs.

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If bagels and doughnuts are substitute goods, then which scenario is likely to occur if the price of bagels is reduced? The dema
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