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AP Macroeconomics
Unit 1 – Basic Economic Concepts
Topic 1.2
What does the Production Possibilities Curve show?
All possible production combinations of goods given a fixed amount of resources.
The demand and supply in a given market.
The equilbrium price and quantity of goods
The distribution of income in a society.
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AP Macroeconomics - 1.2 Opportunity Cost and the Production Possibilities Curve (PPC)
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Production Possibilities Curve
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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