Examlex
Of the following,which is a behaviorist LEAST likely to study?
Production Possibilities Curve
A graph that shows the different quantities of two goods that an economy can produce using all of its resources efficiently.
Scarcity
Fundamental concept of economics that indicates that there is less of a good freely available than people would like.
Production Possibilities Curve
A graphical representation that shows the maximum combination of goods or services that can be produced with a fixed amount of resources.
Efficiently
Pertains to achieving maximum productivity with minimal wasted effort or expense.
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