asked 43.9k views
0 votes
Production possibilities curves are useful to businesses because they

O A. help make predictions about which products will be profitable.
O B. show how producing one product affects production of another.
O C. compare productivity between multiple companies.
O D. identify efficient production methods to increase productivity.
SUBMI
PREVIOUS

1 Answer

1 vote

Answer:

It's B. show how producing one product affects production of another.

Step-by-step explanation:

The production possibilities curve not only shows what can be produced; it provides insight into how goods and services should be produced. It suggests that to obtain efficiency in production, factors of production should be allocated on the basis of comparative advantage.

answered
User Ljc
by
8.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.