fcervantes fcervantes
  • 11-10-2016
  • Social Studies
contestada

What does a production possibilities curve represent?

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matisawhitney matisawhitney
  • 11-10-2016
The production possibility frontier (PPF) is a curve depicting all maximum outputpossibilities for two goods, given a set of inputs consisting of resources and other factors. The PPF assumes that all inputs are used efficiently.
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