An Economy's Production Possibilities Curve Depicts Different Combinations of Goods

Multiple Choice

An economy's production possibilities curve depicts different combinations of goods thatcan be

A) consumed by households in the economy since households are the suppliers of resources
B) consumed by firms in the economy since firms actually do the producing
C) produced in the economy with the available technology and resources
D) produced and consumed by firms since they are the sole source of production in the economy
E) bought and sold by both firms and households on the resource market