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What basic principle does the production possibility curve illustrate?

What basic principle does the production possibility curve illustrate?<br/>

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Asked by Sajamoon, Last updated: Jan 18, 2025

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Sajamoon

Sajamoon

Sajamoon
Sajamoon

Answered Dec 03, 2017

When resources are efficiently used more of a good can only be produced if less of another is produced
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