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A production possibilities curve is a graph that shows _____.

alternative ways to use an economy's resources


how a country will budget its resources


a company’s projected product sales


how a company will pay its expenses

1 Answer

3 votes

The correcto option is: "alternative ways to use an economy's resources"

The production possibility frontier (FPP) is a marginalist model that contains the set of theoretical combinations in productive factors and / or technologies in which maximum production is reached. It reflects the maximum quantities of goods and services that a society is capable of producing in a given period and based on certain production factors and technological knowledge.

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