The different combinations of two goods that an economy could efficiently produce with limited productive resources can be referred to as a country's:

Question

Quizplus · Accepted Answer

The production possibility frontier (PPF) represents the different combinations of two goods that an economy can efficiently produce with limited productive resources. It shows the trade-off between producing one good over the other, given that resources are scarce. The PPF is a graphical representation of the opportunity cost faced by an economy when it chooses to produce one good over the other. Thus, option D is the correct answer.

The Different Combinations of Two Goods That an Economy Could