7. What is the purpose of a production possibilities curve?

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18-06-2020
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7. What is the purpose of a production possibilities curve?

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millerl40 millerl40 · Answer 1 · 2020-06-18T05:38:00+02:00

millerl40 millerl40

18-06-2020

Answer: a curve that illustrates the variations in the amounts that can be produced of two products if both depend upon the same finite resource for their manufacture. PPF also plays a crucial role in economics.

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