What is the production possibilities frontier?    A. a map that shows areas of the world in which capitalist production is highest  B. a map that shows the frontier beyond which technological innovation is unprofitable  C. a graph that shows the various combinations of resources that can be used to produce a given level of output  D. a graph that shows the various combinations of output the economy can possibly produce given the available resources and technology

Principles of Macroeconomics (MindTap Course List)
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Chapter2: Thinking Like An Economist
Section2.1: The Economist As Scientist
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What is the production possibilities frontier?

 
  •  A. a map that shows areas of the world in which capitalist production is highest
  •  B. a map that shows the frontier beyond which technological innovation is unprofitable
  •  C. a graph that shows the various combinations of resources that can be used to produce a given level of output
  •  D. a graph that shows the various combinations of output the economy can possibly produce given the available resources and technology
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