Explain the usefulness of a Production Possibilities Frontier and how it could be applied to an example to support an economic argument

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains Rrom Trade
Section3.1: A Parable For The Modern Economy
Problem 1QQ
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Explain the usefulness of a Production Possibilities Frontier and how it could be applied to an example to support an economic argument
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