Economy, asked by aman32784, 6 months ago

With the help of PPC curve:
(i) What happens to the curve when there is growth due to technological change?
(ii) One attainable combination of production.
(iii) One unattainable combination of production.
b) How does a free enterprise economy solve its basic problems ?

Answers

Answered by ranjitselvand

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.

Explanation:

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