The production possibilities frontier is the boundary between those combinations of goods and services that can be produced and those that can be consumed. those resources that are limited and those that are unlimited. those combinations of goods and services that can be produced and those that cannot. those wants that are limited and those that are unlimited.
Added by William A.
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Step 1: The production possibilities frontier (PPF) represents the maximum potential output of two goods or services that an economy can produce with its given resources and technology. Show more…
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