The production possibilities frontier itself shows
A) the maximum amount of resources available at any given time.
B) combinations of goods and services that do not fully use available resources.
C) the maximum rate of growth of output possible for an economy.
D) the maximum levels of production that can be attained.
D
Economics
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Change in the aggregate quantity of goods and services supplied at every price level:
A. change in SRAS B. change in LRAS C. change in SRA quantity of output supplied D. determinant of SRA
Economics
Why might a nation that has an absolute advantage in the production of a good or a service still not be able to find a trading partner?
What will be an ideal response?
Economics