Question

what is the production possibility frontier ​

Answer 1

Definition: Production possibility frontier is the graph which indicates the various production possibilities of two commodities when resources are fixed. ... It is also called the production possibility curve or product transformation curve. Description: The state of technology is taken to be constant

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Answer 2

Answer:

A production–possibility frontier, production possibility curve, or production possibility boundary, or Transformation curve/boundary/frontier is a curve which shows various combinations of the amounts

Explanation:

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