Give economical term - Producing maximum possible amount of goods and

1.	Give economical term - Producing maximum possible amount of goods and services from the given amount of resources
Answer» Explanation: Production possibilities of an ECONOMY refer to different combinations of goods and services which an economy can PRODUCE from a GIVEN amount of RESOURCES and a given STOCK of technology.

Give economical term - Producing maximum possible amount of goods and services from the given amount of resources

Answer»

Explanation:

Production possibilities of an ECONOMY refer to different combinations of goods and services which an economy can PRODUCE from a GIVEN amount of RESOURCES and a given STOCK of technology.

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Give economical term - Producing maximum possible amount of goods and services from the given amount of resources ​

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Give economical term - Producing maximum possible amount of goods and services from the given amount of resources