Production Possibility Curve

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Offline Md. Alamgir Hossan

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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.