Economy, asked by saim66, 1 year ago

define ppc and explain its properties..................... (3) marker

Answers

Answered by sweety7478
1

hey mate, here is your answer.....

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☛PPC is an online advertising model in which advertisers pay each time a user clicks on one of their online ads.

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☛The two main characteristics of PPC are: Slopes downwards to the right: PPC slopes downwards from left to right. It is because in a situation of fuller utilisation of the given resources, production of both the goods cannot be increased simultaneously.


saim66: from google
Answered by aisha764412
2

define ppc and explain its properties.....................

The curve which shows the combinations of two goods and services that can be produced with fuller utilisation of a given amount of resources in the most efficient way and with a given production technology is called Production Possibility Curve.

Efficiency - Economy is operating in full employment and full production.

2. Two Goods – For simplicity, analysis is possible only if we consider a two product model.

3. Fixed Resources - Quantity of factors of production are fixed and can be used or transferred for other uses.

4. Fixed Technology – Technology is assumed fixed and constant.


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