A production possibilities frontier demonstrates
A)that there are limits to what a society can produce.
B)the various choices a society can make in allocating its resources.
C)the concept of opportunity cost.
D)it demonstrates all of the choices stateD.

Question

Quizplus · Accepted Answer

The production possibilities frontier demonstrates all of the choices listed, including the limits to what a society can produce, the various choices a society can make in allocating its resources, and the concept of opportunity cost. Therefore, the best choice is D.

A Production Possibilities Frontier Demonstrates