production possibility curve
Definitions
An economic curve, showing the maximum combinations/possibilities of goods and services that can be produced in a set amount of time given the limited available resources.
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
See also
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free