how-does-scarcity-affect-the-production-choices-represented-by-a-ppf

Question

How does scarcity affect the production choices represented by a PPF?

Accepted Answer

Scarcity limits the combinations of goods that can be produced.

Answer

Scarcity has no impact on production choices.

Answer

Scarcity allows for unlimited production of goods.

Answer

Scarcity increases the resources available for production.