Question

the government has started promoting foreign capital. what is the economic value in the context of ppf

Answer 1

Economic value is the greatest amount a purchaser will pay for a thing in a free market economy or the measure of time an individual will forfeit holding up to get an administration apportioned great in a communist economy. Interestingly, the market value speaks to the base amount a purchaser will pay. The economic value subsequently frequently surpasses market value.

The production possibility frontier, generally truncated PPF, is utilized to portray the creation limit of a nation, or now and again an individual business.