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How ppc is helpful to solve …

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How ppc is helpful to solve the central economic problem how to produce

Posted by Divyanshi Singh Chauhan 5 years, 7 months ago

CBSE > Class 11 > Economics

1 answers

Swaroop Singh 5 years, 7 months ago

Ppc has two axis OY and OX-axis, we present two goods one consumer other capital goods on OY and OX axis respectively, with limited resources,so production of X-good cannot be increased without the decrease of Y-good. To produce one more unit of X-good producer has to reduce more and more of Y-good.

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