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What do u mean by ppc

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What do u mean by ppc

Posted by Shreya Sharma 6 years, 6 months ago

CBSE > Class 11 > Economics

2 answers

Sanskar Tiwari 6 years, 6 months ago

Ppc is a graphical presentation which is used to measure the increase in one commodity with the sacrifise ofanother commodity.

Pratishtha Srivastava 6 years, 6 months ago

PPC stands for Production Possibility Curve.The Production Possibilities Curve (PPC) models a two-good economy by mapping production of one good on the x-axis and production of the other good on the y-axis. The combinations of outputs produced using the best technology and all available resources make up the PPC.

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