Question

what is ppc in economics,practically

Answer 1

Hi,
PPC shows the various combination of 2 goods that can be produced with an assumption that resources are fully utilised and technology remains same.
I think it's right

Answer 2

Production Possibilities Curve
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PPC in economics stands for Production Possibilities Curve.

It is plotted on a Cartesian Plain where the x-axis marks the production of one good while the y-axis marks the production of another good.

The PPC is good when the best technology and resources are used to give the good (output).

Hope This Helps You!!