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Explain ppc with the help of schedule and diagram

Posted by Mahak Mishra 5 years, 3 months ago

CBSE > Class 11 > Economics

1 answers

Yogita Ingle 5 years, 3 months ago

Production possibility curve shows all different attainable combinations of the production of two commodities that can be produced in an economy with given the resources and technology which are to be fully utilized.

Guns (Units)	Bread (Units)	Marginal Opportunity Cost
0	30	−−
1	28	221=2
2	24	441=4
3	18	661=6
4	10	881=8
5	0	10

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