The purpose of this production possibilities graph is to show a. how supply and demand determine price. b. whether the supply of goods is elastic or not. c. the number of workers required for a specific task. d. how limited resources can be used to produce a combination of items.

The purpose of this production possibilities graph is to show how limited resources can be used to produce a combination of items.

Explanation:

The purpose of the production possibility curve (PPC) of graph is to present that the resources can be used to produce a combination of goods or items. In other words, this curve shows those combinations of two goods that can be produced by the given resources and techniques.

Assumption for PPC

d. the right to establish a one-house legislature

the industrial revolution pushed the world into modern industrialization. it changed the course of history profoundly. it caused rapid urbanization and pushed cities and countries into development. the industrial revolution began in great britain with a series with new inventions which led to the creation of machines and mass production.

this caused the country to gain wealth and money and become an international superpower. it improved transportation and manufacturing inside the country, pushed people to live in urban areas and britain to become the most powerful nation in the world for a while.