Economy, asked by bandhubajaj8916, 11 months ago

What does the line do in the production possibilty curve? (ppc)

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Answered by satyamc1568

0

Here is your answer mate:-

What does a production possibilities curve show?

Ans. The Production Possibilities Curve (PPC) is a model used to show the tradeoffs associated with allocating resources between the production of two goods. The PPC can be used to illustrate the concepts of scarcity, opportunity cost, efficiency, inefficiency, economic growth, and contractions.

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