Question

What is meant by ppc curve is?illustrate with help of diagram.

Answer 1

Answer:

The Production Possibilities Curve, also known as the production possibilities frontier, is a graph that shows the maximum number of possible units a company can produce if it only produces two products using all of its resources efficiently.

Explanation:

diagram

Answer 2

Hey Mate !

The production possibility curve represents graphically alternative production possibilities open to an economy. The productive resources of the community can be used for the production of various alternative goods. But since they are scarce, a choice has to be made between the alternative goods that can be produced.

Hope it helps u !