Ask Question
6 March, 22:12

Consider the production possibilities curve for an economy producing only two commodities wheat (represented on the X axis) and wine (represented on the Y axis). A movement up along the production possibilities curve [PPC] will imply:

+5
Answers (1)
  1. 7 March, 01:13
    0
    Answer:A movement up along the production possibility frontier implies that we are converting resources meant for the production of wheat to produce wine.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Consider the production possibilities curve for an economy producing only two commodities wheat (represented on the X axis) and wine ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers