The production possibility curve shows:
A. The maximum output that can be produced with unlimited resources
B. The minimum output that can be produced with limited resources
C. The different combinations of two products that can be produced with a given amount of resources
D. The level of technology available to producers
Answer:C
The production possibility curve shows:
A. The maximum output that can be produced with unlimited resources B. The minimum output that can be produced with limited resources C. The different combinations of two products that can be produced with a given amount of resources D. The level of technology available to producers