The production possibilities frontier refers to_______________?
Correct answer: A. the amount of each commodity that can be produced given available resources
- A. the amount of each commodity that can be produced given available resources
- B. unlimited production of one commodity
- C. limitless output of commodities
- D. none of the above
Explanation
The production possibilities frontier shows the maximum attainable combinations of two goods with given resources and technology. It therefore represents the available production choices, not unlimited output.
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