The various combination of goods that can be produced in any economy when it uses its available resources and technology efficiency are depicted by

The various combination of goods that can be produced in any economy when it uses its available resources and technology efficiency are depicted by Correct Answer Production possibility curve

The various combination of goods that can be produced in any economy when it uses its available resources and technology efficiency are depicted by Production possibility curve. A production possibility frontier (PPF) shows the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently employed.

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Mixed economy means an economy where