What does mean production possibility curve

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1. In "terms of economics" what are shortages, scarcity, choices, opportunity costs, wants and needs? Explain in detail

2. What are the forms of capital? Explain in detail3

3. What does mean Production possibility curve (PPC)? Explain in detail and give an example

4. What are the types of Economic Systems? Explain in detail and give an example

Reference no: EM131002350

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What does mean production possibility curve : In "terms of economics" what are shortages, scarcity, choices, opportunity costs, wants and needs? Explain in detail. What are the forms of capital? Explain in detail3 What does mean Production possibility curve (PPC)? Explain in detail and give an e..

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