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Micro Economics (A Level) 1 > PPF > Flashcards

PPF Flashcards

1
Q

PPF stands for?

A

Production Possibility Frontiers

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2
Q

What is PPF?

A

Maximum possible output combinations of 2 goods or services an economy can achieve when all resources are fully deployed

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3
Q

Read the PPF graph on Blue pg 4

A

Read

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Micro Economics (A Level) 1 (3 decks)

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