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banggedung banggedung
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Posts: 362
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2 months ago
What is the difference between a production possibilities curve and a consumption possibilities curve?
Textbook 

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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kamronetkamronet
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2 months ago
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A production possibilities curve shows the possible combinations of two products that can be produced in an economy. A consumption possibilities curve shows the possible combinations of two products that can be consumed when a nation specializes and trades with another nation.
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2 months ago
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