A graphical representation which shows the trade-off that occurs when more of one output is obtained at the sacrifice of another is called

Question

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A production possibilities curve shows the maximum amount of two goods that can be produced given a set amount of resources. It illustrates the trade-off between producing one good versus the other, as an increase in the production of one good requires a decrease in the production of the other. The other options (A, C, D) do not represent this concept.

A Graphical Representation Which Shows the Trade-Off That Occurs When