An Economy's Production Possibilities Are Most Likely to Expand if:

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Definition and Examples of the Production Possibilities Curve. Each point on the curve shows how much of each good will be produced when resources shift to making more of one good and less of another.


Production Possibility Curves

FALSE Suppose that a worker in Radioland can produce either 4 radios or 1 television per year and a worker in teeveeland can produce either 2 radios or 4 television per year.

. In view of these assumptions the farmers production possibilities frontier is bowed out. Digital Journal is a digital media news network with thousands of Digital Journalists in 200 countries around the world. In economics the production possibilities curve is a visualization that demonstrates the most efficient production of a pair of goods.


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