What do economists use a production possibilities curve (ppc) for?
a
to model how stocks will...
History, 26.02.2021 22:20 live4dramaoy0yf9
What do economists use a production possibilities curve (ppc) for?
a
to model how stocks will behave
b
to demonstrate that as supply goes up prices go down
c
to show the clash of wants vs needs in decision making
d
to illustrate the impact of scarcity on an economy by showing the maximum number of goods or services that can be produce using limited resources.
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