Examlex
Which one of the following concepts is not illustrated by a production possibilities frontier?
Price Increase
A rise in the cost of goods or services, affecting the purchasing power of consumers.
Widgets
A generic term often used to refer to any hypothetical manufactured good or product.
Sales Decrease
A situation in which the quantity of products sold by a company or in a market declines.
Demand Curve
A graph showing the relationship between the price of a good and the amount that consumers are willing and able to purchase at different prices.
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