Solved

The Production Possibility Frontier Shows

Question 230

Multiple Choice

The production possibility frontier shows:


A) how society can produce more of one good without giving up the production of another good.
B) what people can consume given different combinations of goods produced.
C) the combinations of output that an economy can produce given its productivity and supply of inputs.
D) the types of goods and services that society should produce to satisfy social interest.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions