Question

. The production possibilities curve tells us: A) the specific combination of two products that is most desired by society. B) that costs do not change as society varies its output. C) costs are irrelevant in a society that has fixed resources. D) the combinations of two goods that can be produced with society's available resources

Answer 1

Answer: the combinations of two goods that can be produced with society's available resources

Explanation:

The production possibility curve is a curve that shows the maximum amount of two goods that can be combined in an economy using the country's available resources.

An outward shift of the production possibility curve or rightward shift implies that there's economic growth in the economy. This could be as a result of advancement in technology or better trained workers. An inward or leftward shift means lesser goods are produced in the economy. This could be as a result of war or other negative happenings.