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The production possibilities frontier model assumes all of the following except Group of answer choices labor, capital, land and natural resources are fixed in quantity. the economy produces only two products. any level of the two products that the economy produces is currently possible. the level of technology is fixed and unchanging.
The production possibilities frontier model assumes all of the following except Group of answer choices labor, capital, land and natural resources are fixed in quantity. the economy produces only two products. any level of the two products that the economy produces is currently possible. the level of technology is fixed and unchanging.
The only statement that doesn't belongs toassumptionof production possibilitiesfrontier modelis C: any level of the two products that theeconomyproduces is currently possible.Inbusiness analysis, The productionpossibility frontier modelcan be regarded as a curve that givesillustrationabout thevaryingamounts ofproductionoftwo products, in which their production both depend on the samefinite resources.The PPF explains that theproductionof one commodity mayrisein a case whereby the production of the othercommoditydecreasesTherefore, option C is correct.Learn more at;brainly.com/question/20333582?referrer=searchResults...
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