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A country's production possibilities boundary shows that when a society uses its resources effiiciently

A country's production possibilities boundary shows that when a society uses its resources effiiciently


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Every society or country has limited resources that is they face scarcity. To illustrate this scarcity the concept of Production Possibility Frontier is used to explain it.

The production possibility frontier represents the maximum output of a combination of good that can be produced using the limited resources in an optimal and efficient manner.

Thus, PPC represents the optimal and efficient utilization of limited resources. True.

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answered by: anonymous
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