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nursemegan nursemegan
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5 years ago
The production possibilities curve represents the set of all:

▸ nonlinear forms of production in the economy.

▸ factors of production that can be used to manufacture goods and services.

▸ combinations of goods and services that can be used in the production of other goods and services.

▸ feasible combinations of goods that the economy can produce given that a nation's resources are fully employed.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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lindslinds
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5 years ago
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nursemegan Author
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5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
jamiebonf99
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
lierac00
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Helped a lot
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