the production possibilities frontier illustrates group of answer choices the combinations of output that an economy should produce. the combinations of output that an economy should consume. the combinations of output that an economy can produce. all of the above are correct.

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21-10-2022
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the production possibilities frontier illustrates group of answer choices the combinations of output that an economy should produce. the combinations of output that an economy should consume. the combinations of output that an economy can produce. all of the above are correct.

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shivanijain4931 shivanijain4931 · Answer 1 · 2022-10-25T21:58:41+02:00

The production possibilities frontier illustrates the combination of output that an economy can produce.

An economy is a place of the production, distribution and trade, in addition to consumption of goods and offerings. In popular, it's far described as a social area that emphasize the practices, discourses, and fabric expressions related to the manufacturing, use, and management of scarce resources'.

An economy is a machine of inter-associated production and intake activities that in the long run decide the allocation of resources within a collection. The manufacturing and intake of products and services as an entire satisfy the needs of those residing and running within it.

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