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Define a production possibility curve

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jisookim27

Answer:

A production possibilities curve in economics measures the maximum output of two goods using a fixed amount of input. The input is any combination of the four factors of production: natural resources (including land), labor, capital goods, and entrepreneurship.

Explanation:

Hope it's help you

ayfat23

What is production possibility curve?

production possibility curve  is  can be regarded as a curve which provides illustration of the possible quantities, which is very possible to be produced from two products.

And for this to be possible, both must depend upon the same finite resource for their manufacture.

Learn more about production possibility curve at:

https://brainly.com/question/8583830

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