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Topic: Business
Number of pages / Number of words: 7 / 1752
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The production possibility curve helps deicide more efficient ways to distribute resources. Businesses and government have to find all the different possibilities, study them, and make the best decision on what is best to produce and what would bring in more profit. Opportunity cost can also help us understand what products a consumer might choose to buy and the best price for the product...


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Businesses and government have to find all the different possibilities, study them, and make the best decision on what is best to produce and what would bring in more profit. Opportunity cost can also help us understand what products a consumer might choose to buy and the best price for the product. This can also help companies decide on better ways to proceed with sales...


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