Juan2112 Juan2112
  • 02-06-2021
  • Advanced Placement (AP)
contestada

Why are production possibilities curves helpful for businesses?

Respuesta :

ericajjohnson79
ericajjohnson79 ericajjohnson79
  • 02-06-2021

Answer:

This curve shows all of the maximum output possibilities, given the factors of production and available technology - both of which are limited. By using the production possibilities curve, companies, non-profits, and governments can look at a range of how to produce goods and services efficiently.

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