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Production Possibilities Curve by ec28952 on 01-25-2017
Hi Susan, I wanted to talk about the outcomes of our two new products.
No problem, let me take a quick look at the production possibilities curve.
What does that measure?
It focuses on the maximum output possibilities for the two goods, which also factors in other resources.
Most companies monitoring the outcomes of their products use some type of possibilities curve!
Oh interesting, you really do learn something new every day!
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