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adoni [48]
2 years ago
13

What does the slope of the production possibilities curve represent? (1 point)

Business
1 answer:
seropon [69]2 years ago
6 0

The slope of the production possibility curve represents the opportunity cost of producing one good instead of the other.

<h3>What is the production possibility curve?</h3>

This is a curve that is used to illustrate the maximum output that can be produced of two goods when we use a minimum number of input.

This curve shows the different combinations of the input that would be used to get the required output.

Read more on the  production possibility curve here:

brainly.com/question/2601596

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