Question

The production possibilities frontier model shows that

Answer 1

Answer and Explanation: The production possibilities frontier (PPF)model shows that production output combinations of two or more goods will be optimal if the values fall within the PPF curve, with all other factors such as resources, time, and others kept constant.

Answer 2

The production possibilities frontier (PPF)model shows that production output combinations of two or more goods will be optimal if the values fall within the PPF curve, with all other factors such as resources, time, and others kept constant.