A production possibilities curve shows the variouscombinations of two outputs thata. consumers would like to consume.b. producers would like to produce.c. an economy can produce.d. an economy should produce.
A production possibilities curve shows the variouscombinations of two outputs thata. consumers would like to consume.b. producers would like to produce.c. an economy can produce.d. an economy should produce.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 5SQ
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A combinations of two outputs that a. consumers would like to consume. b. producers would like to produce. c. an economy can produce. d. an economy should produce. |
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