Economy, asked by economy99, 1 year ago

What is PPC?? And its assumptions????

Answers

Answered by brainlystargirl
4
Heya.....

Here is your answer....

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PPC stands for Production Possibility Curve....

"" It's define .....

PPC is that curve showing various combinations of two goods that can be produced at given resources......

"" It's assumptions....

** Resources are given....

** Resources are fully and efficiently utilised....

** Technology remains constant....

-- Be Brainly....
Answered by Anonymous
2
heya...

Here is your answer..

PPC means production possibility curve.

Production possibility curve is a curve showing different production possibilities of a set of 2 goods.

Assumptions:

1. Efficiency.

2. Fixed resources.

3.Fixed technology.

It may help you..☺☺
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