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A production possibility curve shows?

A production possibility curve shows?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A How much of the resources of society are used to produce a particular commodity
  • B The rate of inflation
  • C The rate of unemployment in the economy
  • D The various combinations of two commodities that can be produced
Correct Answer: Option D
Explanation:
The production possibility frontier (PPF) is a curve depicting all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors. The PPF assumes that all inputs are used efficiently.

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