Social Studies, 11.08.2021 22:00 bearminar2156
Choose the statements that explain the purpose of using a production possibilities curve.
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A)
It illustrates trade-offs made in an economy.
B)
It indicates the allocatively efficient point.
It indicates the productively efficient points.
D)
It illustrates the the profit-maximizing quantity and price.
E)
It illustrates the equilibrium quantity and price for an industry.
Fundamental Eco
Answers: 3
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Choose the statements that explain the purpose of using a production possibilities curve.
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