properties of PPF in full answer
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Features of PPF:
i) Only two good can be used.
ii) resources and technology can be transferred from one sector to another.
iii) resources are efficiently utilized.
iv) all the resources are not sufficient to fulfill the one good.
v) resources and technology are constant.
i) Only two good can be used.
ii) resources and technology can be transferred from one sector to another.
iii) resources are efficiently utilized.
iv) all the resources are not sufficient to fulfill the one good.
v) resources and technology are constant.
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