Economy, asked by humayunsheikh, 11 days ago

briefly explain the production possiblity Frontier

Answers

Answered by smilebepositive456

1

Explanation:

Production possibility frontier is the graph which indicates the various production possibilities of two commodities when resources are fixed. The production of one commodity can only be increased by sacrificing the production of the other commodity. It is also called the production possibility curve or product transformation curve.

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