Question

How does ppc solve the problem off what to produce?

Answer 1

Explanation:

How can the central problems of the economy be solved by the help of PPC? Production Possibility Curve is nothing but a combination of points, where each point shows the quantity of two different goods that can be produced by an economy, assuming that the resources and technology are being used efficiently.

Answer 2

Answer:

HEY HERE'S YOUR ANSWER

The problem of choice between relatively scarce commodities due to limited productive resources with the society can be illustrated with the help of a geometric device, is known as production possibility curve. Production possibility curve shows the menu of choice along which a society can choose to substitute one good for another, assuming a given state of technology and given total resources.

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