The Production Possibilities Curve Represents the Set of All

question 20

Multiple Choice

The production possibilities curve represents the set of all

• A) feasible combinations of goods given that a nation's resources are fully employed.
• B) factors of production that can be used to manufacture goods and services.
• C) combinations of goods and services that can be used in the production of other goods and services.
• D) nonlinear forms of production in the economy.

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Definitions:

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A unit of frequency equal to one thousand hertz (Hz), often used to measure the clock speeds in computers and electronics.

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