Production Possibility Diagrams Flashcards
1
Q
What are Production Possibility Curves?
A
2
Q
Explain, using Production Possibility Diagrams: OPPORTUNITY COST
A
3
Q
Explain, using Production Possibility Diagrams: ECONOMIC EFFICIENCY
A
4
Q
Explain, using Production Possibility Diagrams: ECONOMIC GROWTH
A
5
Q
Explain Economic Efficiency
A