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The Production Possibilities Curve Is

Question 160

Multiple Choice

The production possibilities curve is:


A) ​a graph that shows the combinations of output which are most profitable to produce.
B) ​a graph that shows the various combinations of output it is possible for an economy to produce given its available resources and technology.
C) ​a graph that shows the various combinations of resources that can be used to produce a given level of output.
D) ​a curve that shows the quantity of output that will be offered for sale at various prices.

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