The economizing problem is, of course, the fact that while society has unlimited wants, the resources used to satisfy those wants are limited. The production possibilities curve is fully representative of this phonomenon. One of the most fundamental curves in economics, the production possibilities curve, or frontier, is designed to model the output possibilities for a two product economy. While it is intensely theoretical, the curve explains the fundamentals of opportunity cost, scarcity, and how certain advancements can cause increases in output.
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