Only two products can be shown on a single production possibilities graph
two
a production possibilities frontier graph
production possibilities graph is a graph that shows alternative ways to use an economy's resources.
below or to the left of the production possibilities frontier
no
A production possibilities frontier graph
a production possibilities frontier graph
production possibilities graph is a graph that shows alternative ways to use an economy's resources.
a production possibilities frontier graph
Movement along a production possibilities curve would imply that society has chosen a different set/amount of input for the two products/services represented in the graph.
below or to the left of the production possibilities frontier
no
below or to the left of the production possibilities frontier
a production possibilities frontier graph
production possibilities graph
Yes, they do.
a production possibilities frontier graph
A production possibilities frontier graph