Question

What is meant by production possibility curve?
Illustrate the central problem of 'what to produce using this curve.​

Answer 1

Answer:

Production Possibility Curve (PPC) It is a curve which shows various production possibilities with the help of given limited resources and technology. It is also known as production possibility frontier and transformation curve. it is a tool which can help to solve the central economic problems.

Answer 2

Explanation:

The production possibility curve (PPC) is a diagram that shows all the possible combinations of goods that an economy can produce within a specific time. It also shows the choices that an economy has in the use of its resources.

hope it helps you ☺️ ☺️ pls mark me as brainlist and pls follow me!