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The Production Possibilities Frontier Model Assumes All of the Following

question 250

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The production possibilities frontier model assumes all of the following except


Definitions:

Non-Numeric

Qualitative data or information that cannot be quantified or expressed as numbers.

Always

A term indicating a constant or unchanging condition.

Data Mining

The process of using procedures from statistics and computer science to extract useful information from extremely large databases.

Large Data Bases

Comprehensive collections of data that can be massive in volume, designed to allow for the storage, retrieval, and management of large amounts of data.

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