Question
A production possibilities frontier shows
Group of answer choices
The maximum possible output of an economy.
Under-utilization of resources.
The minimum possible output of an economy.
Farm goods and factory goods produced by an economy.
Group of answer choices
The maximum possible output of an economy.
Under-utilization of resources.
The minimum possible output of an economy.
Farm goods and factory goods produced by an economy.
Answers
GPT 3.5
The maximum possible output of an economy.
Related Questions
1) The long run growth rate of the economy is consistent with:
a.An outward expansion the econom...
1. An economy's production possibilities frontier is also its consumption possibilities frontier....
What line on a production possibilities curve shows the amounts of goods produced?
A. production...
Refer to Figure 2-6. Consider the production possibilities frontier for an economy that produces onl...