Question

…………….. is the locus of various combination of maximum production of two goods that can be produced with available technologies and with given resources ,assuming all resources are fully and efficiently utilized​

Answer 1

Answer:

Production Possibility Frontier (PPF)

Explanation

Production Possibility Frontier (PPF) refers to graphical representation of possible combinations of two goods that can be produced with given resources and technology. Alternately, PPF is the locus of various possible combinations of two goods that can be produced with given resources and technology.