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  • 22-01-2020
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A production possibilities frontier identifies the dollar cost of producing a good or service in an economy. True or False

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obash
obash obash
  • 23-01-2020

Answer:

A production possibilities frontier identifies the dollar cost of producing a good or service in an economy.

True

Explanation:

Cost of producing could be envisaged through budgeting where the variable cost, fixed cost and total cost is expected to be calculated either through rough estimate.

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