Multiple Choice
A production possibilities curve indicates the
A) Combinations of goods and services an economy is actually producing.
B) Maximum combinations of goods and services an economy can produce given its available resources and technology.
C) Maximum combinations of goods and services an economy can produce given unlimited resources.
D) Average combinations of goods and services an economy can produce given its available resources and technology.
Correct Answer:
Verified
Correct Answer:
Verified
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