What a PPF shows
What a PPF shows

A production possibility frontier, or PPF, shows the maximum combinations of two goods an economy can produce when all resources are fully and efficiently used. One good is placed on each axis, such as consumer goods and capital goods.
Step-by-step lessons covering Edexcel A A Level Economics 1.1.4 Production possibility frontiers for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.