Question

Explaine PPC (Production possibility curve) class 11th economics..........

Answer 1

$\huge\bf\green{Hey\:Mate}$

-Ppc stands for production possibility curve.

-The production possibility curves is a hypothetical representation of the amount of two different goods that can be obtained by shifting resources from the production of one, to the production of the other.

-The curve is used to describe a society's choice between two different goods.

Hope it helps uh❤️

Answer 2

It is a curve which shows combinations of two goods and services, that can be

Produced with full utilization of a given amount of resources in their most efficient way and with the given production technology. It is also called production possibility frontier (or PPF).