Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: erika on Jul 21, 2019
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The production possibilities curve represents the set of all:
◦ nonlinear forms of production in the economy.
◦ factors of production that can be used to manufacture goods and services.
◦ combinations of goods and services that can be used in the production of other goods and services.
◦ feasible combinations of goods that the economy can produce given that a nation's resources are fully employed.
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feasible combinations of goods that the economy can produce given that a nation's resources are fully employed.