Distinguishing PPC and Demand Curves
Which of the following describes a primary distinction between a production possibilities curve (PPC) and a demand curve?
A
PPC focuses on price levels, the demand curve on production technology.
B
PPC represents company profits, the demand curve represents consumer savings.
C
PPC shows possible production levels, the demand curve shows consumer desire at different prices.
D
PPC is always downward sloping, the demand curve is upward sloping.
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