| The production possibility curve represents graphically alternative production possibilities open to an economy |
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 | if we make more of this they make less of that | |
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| the economy has to choose which goods to produce and in what quantities |
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| cotton or wheat? | |
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| ummm.... | |
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| the production of certain other goods has to be cut back |
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| sorry jim were gonna have to cut back on paper | |
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| dude... fr | |
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