Question

Explain the Production Possibility Curve with the help of

schedule and daigram.​

Answer 1

Explanation:

The production possibility curve represents graphically alternative production possibilities open to an economy. The productive resources of the community can be used for the production of various alternative goods. But since they are scarce, a choice has to be made between the alternative goods that can be produced.

Answer 2

Answer:

ᴍᴀʀᴋ ʜᴇʀ ᴀs ʙʀᴀɪɴʟɪᴇsᴛ.. :)

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