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21 February, 10:00

A production possibilities frontier:

a. shows the act of buying and selling.

b. shows the market for a good or service.

c. shows the maximum attainable combinations of two goods that may be produced with available resources.

d. shows how participants in the market are linked.

e. shows how unlimited wants exceed the limited resources available to fulfill those wants.

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  1. 21 February, 10:10
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    Shows how participants in the market are linked.
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