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What does a production possibilities curve represent?
A. a combination of price and demand of goods and services
B.
a combination of the goods produced before and after a change in a factor of production
C. a combination of two factors of production used to produce a single good or service
D.
a combination of two goods that can be produced using limited resources

Respuesta :

AnimeGeek7

Answer:Combination of two goods that can be produced using limited resources

Explanation:

A production possibilities curve is a graphical representation of the alternative combinations of goods and services an economy can produce. Considering the fact that an economy's factors of production are scarce; they can not produce an unlimited quantity of goods and services, a production curve is crucial in determining the alternative combinations of goods and services. For example if the curve is a straight line, it means the for every unit of good y relinquished, an additional unit of good x can be produced. 

carameldrizzle13

Answer:

A.  

a combination of price and demand of goods and services

B.  

a combination of the goods produced before and after a change in a factor of production

C.  

a combination of two factors of production used to produce a single good or service

D.  

a combination of two goods that can be produced using limited resources

Explanation:

#platofam

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