leharmon6726 leharmon6726

24-08-2017
Business

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The negative slope of the production possibilities curve is a graphical way of indicating that:

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Erudite1 Erudite1

31-08-2017

Production possibility curve is used to determine all maximum possibilities for two goods taking into consideration all the resources that are needed.
A negative slope of the production curve indicates that to produce more of one good, the company has to produce less of the other good.

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