Question : The other name of Production Possibility Curve is _____________.
Option 1: Production Possibility Boundary
Option 2: Transformation Curve
Option 3: Transformation Boundary
Option 4: All of the above
Answer (1)
25th Jan, 2024
Correct Answer: All of the above
Solution : The graphic representation of potential pairings of two items that can be produced given certain resources and technology is called a production possibility curve. Hence, the correct option is 4.
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