Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Get quick and reliable solutions to your questions from a community of seasoned experts on our user-friendly platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.



What is a graphical representation of the combination of goods and services that can be produced in a situation?
production possibility curve
production supply curve
production opportunity curve

Sagot :

Answer:

production possibility curve

Explanation:

The production possibility curve is the graphical representation of the possibilities of the products that can be produced out of the given resources and facilities. The products produced are depended on the given resources. It also helps in measuring the amount of production of goods when the resource is fixed. The curve helps in giving a view of the production that can be produced with the shift in one good.

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.