unit 1 economic fundamentals test\nthe production possibilities curve shows what?\nwho gets to utilize a…

unit 1 economic fundamentals test\nthe production possibilities curve shows what?\nwho gets to utilize a resource\nfuture consequences\ncompetition in a healthy economy\nthe possible combinations of two goods and services that can be produced

unit 1 economic fundamentals test\nthe production possibilities curve shows what?\nwho gets to utilize a resource\nfuture consequences\ncompetition in a healthy economy\nthe possible combinations of two goods and services that can be produced

Answer

Brief Explanations:

The production - possibilities curve (PPC) is a graphical representation in economics. It shows the maximum possible combinations of two goods or services that can be produced when all resources are fully and efficiently utilized. It does not show who uses a resource, future consequences, or competition in an economy.

Answer:

The possible combinations of two goods and services that can be produced