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Aloiza [94]
3 years ago
13

Why is the production possibility curve drawn as a bowed-out curve?

Biology
1 answer:
jeka57 [31]3 years ago
4 0

Answer:

he downward slope of the production possibilities curve is an implication of scarcity. The bowed-out shape of the production possibilities curve results from allocating resources based on comparative advantage.

Explanation:

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