The Production Possibility Frontier Is a Graph That Shows

question 206

Multiple Choice

The production possibility frontier is a graph that shows

• A) all the combinations of goods and services that are consumed over time if all of society's resources are used efficiently.
• B) the amount of goods and services consumed at various average price levels.
• C) the rate at which an economy's output will grow over time if all resources are used efficiently.
• D) all the combinations of goods and services that can be produced if all of society's resources are used efficiently.

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Definitions:

Particles

Small localized objects to which can be ascribed several physical properties such as volume or mass; often used in the context of physics to discuss components of atoms and molecules.

Electrical Current

The flow of electric charge through a conductor or circuit, typically measured in amperes.

Flow

In electrical contexts, flow refers to the movement or circulation of electric current through a conductor or circuit.

Semiconductor

A material that contains four valence electrons and is used in the production of solid-state devices.