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Choose the statements that explain the purpose of using a production possibilities curve.
es -
A)
It illustrates trade-offs made in an economy.
B)
It indicates the allocatively efficient point.
It indicates the productively efficient points.
D)
It illustrates the the profit-maximizing quantity and price.
E)
It illustrates the equilibrium quantity and price for an industry.
Fundamental Eco

Respuesta :

The answer to the given question is explained and given below.

B. It indicates the allocatively efficient point.

The purpose of using a production possibilities curve is to analyse the production capacity and then the indication of allocation of efficient point.

To know a production capacity is important to understand the possible sales.

The correct answer to the given question is given and explained above.

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Amya04

Answer:

It illustrates trade offs made in an economy

It indicates the allocatively efficient points

It indicates the productivity efficient points

Explanation:

Those are the answers

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