The collection of all possible combination of the goods and services that can not be produced a fixed amount
The collection of all possible combinations of goods and services that can be produced from a given amount of resources and a given stock of technological knowledge
The combination of different type of goods and its utilisation are related with each other
The combination of all goods and its resources creates the production possibility curve
Show Solution
The Correct Option isB
Solution and Explanation
The correct option is (B) :The collection of all possible combinations of goods and services that can be produced from a given amount of resources and a given stock of technological knowledge