The production possibilities frontier (PPF) shows how much of two goods an economy can produce when it is using all available as efficiently as possible.
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Solution 1
The Production Possibilities Frontier (PPF) is a model that shows the trade-offs an economy faces in the production of two goods. It assumes that all resources are fully and efficiently utilized, and that the economy is operating at a stable level.
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The production possibilities frontier (PPF) shows how much of two goods an economy can produce when it is using all available as efficiently as possible.
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