145k views
1 vote
What does a production possibilities frontier for widgets and gadgets identify?

User Dimoniy
by
6.4k points

1 Answer

5 votes

Answer:

Given their productive resources, there are different combinations of widgets and gadgets they could produce. A PPF graph displays the different production options that are possible—or even impossible—for an economy.

User Tenderloin
by
8.2k points