Exam (elaborations)
TAMU Econ 203 Exam 1 questions with correct answers
- Module
- Institution
Production Possibility CORRECT ANSWER a countries production capabilities modeled by the PPF PPF (Production Possibilities Frontier) CORRECT ANSWER -Line or curve that shows all possible combos of 2 outputs Points on PPF CORRECT ANSWER -points outside line are unattainable -points within are...
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