Question

define PPC with an example of 1 piece of land and assumption.​

Answer 1

$\huge\bigstar\underline\mathfrak{Answer:-}$

• The Production Possibilities Curve (PPC) is a model used to show the tradeoffs associated with allocating resources between the production of two goods. The PPC can be used to illustrate the concepts of scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions.

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Answer 2

Answer:

production possibility curve.

Explanation:

x and y different proporations in the economy