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What model shows the various mixes of output that an economy can produce?

User Eraoul
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1 Answer

4 votes

Answer:

The Production Possibilities Frontier is also known as PPF

Step-by-step explanation:

a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. The PPF captures the concepts of scarcity, choice, and tradeoffs.

User Mitsuko
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