A production possibility frontier shows: A. The maximum combination of inputs that can be used to produce output in a typical economy. B. The maximum revenue that can be generated from the sale of output produced by limited resources in an economy. C. The minimum quantities of commodities that can be produced from limited but fullyemployed resources in an economy. D. The maximum quantities of commodities that can be produced from limited but fullyemployed resources in an economy. E. The quantities of factors of production available to produce goods and services in an economy.
A. The maximum combination of inputs that can be used to produce output in a typical economy.
It displays several output combinations of 2 goods which may be produced through available technology and resources.
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