how much of the resources of society are used to produce a particular commodity
the rate of inflation
the rate of unemployment in the economy
the various combinations of two commodities that can be produced
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The selected answer is wrong:
D is the correct answer.
A production possibility curve (PPC) (also called a production possibility frontier- PPF)is a graphical representation of possible combinations of two goods that can be produced with constant resources and technology, such that more of one good could be produced only by diverting resources from the other good, resulting in less production of it.
Correct ans is D cos production possibility curve is a curve that shows the combinations of different commodities that can be produce
