Production Possibility Curve

Author Topic: Production Possibility Curve  (Read 840 times)

Offline Md. Alamgir Hossan

  • Hero Member
  • *****
  • Posts: 935
  • Test
    • View Profile
Production Possibility Curve
« on: April 15, 2017, 04:51:06 PM »
Production possibility curve is a curve which each and every point shows the different combination of two products each combination show the optimum production level in a production process.
for example, the production possibility curve of a small country that has all the resources it needs to produce cars and refrigerators. We could illustrate this potential on a production possibility curve.