Examlex
________ is the unit of value in a social community.
Consumer Goods
Tangible items produced for personal use by individuals.
Production Possibilities Curve
A graphical representation showing the maximum number of goods or services that can be produced using limited resources efficiently.
Production Possibilities Curve
A graphical representation that shows the maximum amount of two goods that can be produced with available resources and technology.
Negative Slope
indicates a relationship in a graph where as one variable increases, the other variable decreases, showing an inverse correlation.
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