Production possibility frontier/Curve:

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Offline Md. Alamgir Hossan

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Production possibility frontier/Curve:
« on: April 04, 2017, 04:11:09 PM »
A production–possibility frontier (PPF) or production possibility curve (PPC) is a graphical representation of possible combinations of two goods that can be produced with constant resources and technology, such that more of one good could be produced only by diverting resources from the other good, resulting in less production of it.