bullsfan5984 bullsfan5984
  • 03-09-2020
  • Business
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Use a production possibilities frontier to describe the idea of efficiency.

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mayisasaul94
mayisasaul94 mayisasaul94
  • 03-09-2020

Answer:

Efficiency

Explanation:

Efficiency is when a market is producing the greatest possible amount given its resources. This is demonstrated by the production possibility frontier, which displays the maximum amount of a good that can be produced in relationship to the production of another good.

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