220k views
3 votes
What does a production possibilities curve represent?

A a combination of price and demand of goods and services
B.
a combination of the goods produced before and after a change in a factor of production
c. a combination of two factors of production used to produce a single good or service
D. a combination of two goods that can be produced using limited resources

2 Answers

4 votes

:Answer:

D. a combination of two goods that can be produced using limited resources

Step-by-step explanation:

Ik everything

User Cristian Babarusi
by
8.0k points
3 votes

Answer:

D. a combination of two goods that can be produced using limited resources

Step-by-step explanation:

A graph is shown below to make you understand the production possibility curve.

In B and A, the production is possible with the help of limited resources. In C and D, it is inefficient and impossible respectively.

Production possibilities curve also represents if one unit of consumption increases, other unit will automatically fall.

What does a production possibilities curve represent? A a combination of price and-example-1
User Daniel Dao
by
7.9k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.