Question

question 5 (multiple choice worth 5 points)
(lc)
which economic model reveals the variety of options for what to do with your scarce time?
supply curve
demand curve
income distribution curve
production possibilities curve

Explanation:

The production possibilities curve (PPC) shows the different combinations of goods or activities (including how to use scarce time) that can be produced or achieved given limited resources. The supply curve shows the relationship between price and quantity supplied. The demand curve shows the relationship between price and quantity demanded. The income distribution curve shows how income is distributed among different groups.

Answer:

Production possibilities curve