Question

what are the assumptions of PPC?​

Answer 1

$\huge\mathfrak\red{the assumptions of PPC?}$

Explanation:

The four key assumptions underlying production possibilities analysis are:

(1) resources are used to produce one or both of only two goods,

(2) the quantities of the resources do not change

(2) the quantities of the resources do not change(3) technology and production techniques do not change

(2) the quantities of the resources do not change(3) technology and production techniques do not change (4) resources are used in a technically efficient way.

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Answer 2

Answer:

The four key assumptions underlying production possibilities analysis are: (1) resources are used to produce one or both of only two goods, (2) the quantities of the resources do not change, (3) technology and production techniques do not change, and (4) resources are used in a technically efficient way.