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Question
What Is PPC in Economics?
What Is PPC in Economics?
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Solution
PPC is known as the Production Possibility Curve or Production Possibility Frontier in economics. It is a graphical representation of the different combination of two goods that can be produced with the available resources.
Also read:
Concept of Production Possibility Curve
Production Possibility Frontier
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
PPC is known as the Production Possibility Curve or Production Possibility Frontier in economics. It is a graphical representation of the different combination of two goods that can be produced with the available resources.
Also read:
Concept of Production Possibility Curve
Production Possibility Frontier
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
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