Hii...guys...what does production possibility curve means..??
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It is a curve which shows combinations of two goods and services, that can be
Produced with full utilization of a given amount of resources in their most efficient way and with the given production technology. It is also called production possibility frontier
Produced with full utilization of a given amount of resources in their most efficient way and with the given production technology. It is also called production possibility frontier
Akash8840:
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