Economy, asked by garimaagnihotri9931, 1 year ago

Production possibilities curve definition of samuelson

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Answered by AnkitaRaj
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According to Paul A. Samuelson, "The Production Possibility Frontier shows the maximum amount of production that can be obtained by the economy, given, its technological knowledge and quantity of inputs available" PPF represents the maximum of goods and services available to the society "
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