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The Following Figure Represents Various Production Possibilities Curves (PPCs) of Economies

Question 143

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The following figure represents various production possibilities curves (PPCs) of economies that produce apples and oranges.
The following figure represents various production possibilities curves (PPCs)  of economies that produce apples and oranges.    -Refer to the figure above.An economy produces apples and oranges.To expand the production of oranges,this economy needs to give up producing more and more apples.Which of the curves in the figure correctly represents the production possibilities frontier of this economy? A)  PPC 1 B)  PPC 2 C)  PPC 3 D)  PPC 4
-Refer to the figure above.An economy produces apples and oranges.To expand the production of oranges,this economy needs to give up producing more and more apples.Which of the curves in the figure correctly represents the production possibilities frontier of this economy?


A) PPC 1
B) PPC 2
C) PPC 3
D) PPC 4

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