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IGCSE Economics Definitions > Chapter 4: Production Possibility Curves > Flashcards

Chapter 4: Production Possibility Curves Flashcards

1
Q

Production Possibility Curve

A

A curve that shows the maximum output of two types of products and combination of those products that can be produced with existing resources and technology

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2
Q

Production Points

A

Points along the Production Possibility Curve

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IGCSE Economics Definitions (39 decks)

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