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Answer to Question #71425 in Financial Math for destiney
Question #71425
The production possibilities frontier shows the maximum possible output of a good within a specific economy.
Please select the best answer from the choices provided.
Please select the best answer from the choices provided.
Expert's answer
The production possibilities frontier shows the maximum possible output of a combination of the two goods within a specific economy.
So, the statement is not correct.
So, the statement is not correct.
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