What Does a Production Possibilities Frontier Show?

Answer

Production possibilities frontier shows how much a country or business can produce of an item versus the demand and cost for production. Production possibilities frontier is a measurement used in economics.
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Production possibilities frontier shows how much a country or business can produce of an item versus the demand and cost for production. Production possibilities ...
The production possibility frontier is a term used in economics and goes by names of production- possibility curve, production-possibility boundary or a product ...
A bowed production possibility curve occurs when the opportunity cost of a good increases as more of the item is produced. The production possibility frontier ...
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