The Production Possibility Frontier
The Production Possibility Frontier

A production possibility frontier, or PPF, shows the maximum combinations of two goods an economy can produce. It assumes a fixed amount of resources, full and efficient use of those resources, and a given level of technology.
Step-by-step lessons on AQA A Level Economics 1.1.5 Production possibility diagrams. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.