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PPC explained fully

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PPC explained fully

    • Posted by Deependra Singh 6 years, 8 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Kanishka Gupta 6 years, 8 months ago

    PPC shows graphical presentation of various combinations of 2 goods that can be produced with available technology and given resources assuming that resources are full efficiently employed. Characteristics of PPC :- ☆ PPC slopes downwards ☆ PPC is concave

    0Thank You

    Kanika Mastana 6 years, 8 months ago

    Production possibility curve refers to the possible combination of two goods which can be produced with the given resources...

    2Thank You

    Manita Kakkar 6 years, 8 months ago

    Ppc refers to combination of two goods which gives same level of satisfaction with given income of the consumer and price of a commodity

    0Thank You

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