Concept
Version 8
Created by Boundless
Understanding Production Possibilities
Production Possibilities Frontier
If production is efficient, the economy can choose between combinations on the PPF. Point X, however, is unattaible with existing resources and technology if trade does not occur.
Source
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"Production Possibilities Frontier Curve."
https://en.wikipedia.org/wiki/File:Production_Possibilities_Frontier_Curve.svg
Wikipedia
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