Question

what is the difference between a point inside and point on a PPC​

Answer 1

Answer:

inside point show Actual output on the other hand point on line show potential output or the highest possible level of output

Answer 2

The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable. The opportunity cost of moving from one efficient combination of production to another efficient combination of production is how much of one good is given up in order to get more of the other good.