Join IDNLearn.com and start exploring the answers to your most pressing questions. Our platform provides detailed and accurate responses from experts, helping you navigate any topic with confidence.



What is a graphical representation of the combination of goods and services that can be produced in a situation?
production possibility curve
production supply curve
production opportunity curve


Sagot :

Answer:

production possibility curve

Explanation:

The production possibility curve is the graphical representation of the possibilities of the products that can be produced out of the given resources and facilities. The products produced are depended on the given resources. It also helps in measuring the amount of production of goods when the resource is fixed. The curve helps in giving a view of the production that can be produced with the shift in one good.