The graph we could draw to represent the combinations of two goods that are possible within a given society at full employment is a(n)

Question

Quizplus · Accepted Answer

The production possibilities frontier represents the maximum combinations of two goods that can be produced using all available resources in a given society at full employment. It shows the trade-offs between producing different goods and the costs associated with producing one good over another. Therefore, the production possibilities frontier is the best representation of the combinations of two goods that are possible within a given society at full employment.

The Graph We Could Draw to Represent the Combinations of Two