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Explain PPC and its Point's

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Explain PPC and its Point's

Posted by Ankit Singh 7 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Tina Dhawan 7 years, 8 months ago

Production possibility curve (PPC) is a curve which shows the combination of two unrelated goods that can be produced with available technology and given resources. 1- All points on PPC and inside the PPC are attainable points. a- points on the PPC shows e fuller utilisation of resources b- points inside the PPC shows underutilization of resources 2- All the points outside the PPC represents unattainable points.

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