FC6: Production Possibilities Curve (PPF)
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Last updated almost 6 years ago
5 questions
1
Based on the production possibilities curve above which point(s) are efficient?
Based on the production possibilities curve above which point(s) are efficient?
1
Based on the PPC above which point(s) are inefficient?
Based on the PPC above which point(s) are inefficient?
1
Based on the PPC above which point(s) is/are currently unattainable given fixed resources and technology?
Based on the PPC above which point(s) is/are currently unattainable given fixed resources and technology?
1
Based on the PPC above if society chooses to move from point A to point B, what would be the result?
Based on the PPC above if society chooses to move from point A to point B, what would be the result?
1
How is economic growth illustrated on the PPC above?
How is economic growth illustrated on the PPC above?