A production possibilities curve shows the combinations of two goods an economy is capable of producing. The
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A production possibilities curve shows the combinations of two goods an economy is capable of producing.
The downward slope of the production possibilities curve is an implication of scarcity.
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Related Book For
Principles Of Microeconomics
ISBN: 9781843317708
1st Edition
Authors: Libby Rittenberg, Timothy Tregarthen
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