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What a PPF shows

What a PPF shows

A production possibility frontier, or PPF, shows the maximum combinations of two goods that an economy can produce when its resources are fully and efficiently used. One good is placed on each axis. For example, points A=(100,300)A=(100,300)A=(100,300), B=(200,250)B=(200,250)B=(200,250), and C=(300,100)C=(300,100)C=(300,100) can represent successive combinations of laptops and hamburgers on one frontier.

1.1.4 Production possibility frontiers Lesson

  1. A Level
  2. /Economics
  3. /1.1.4 Production possibility frontiers

Step-by-step lessons on Edexcel A A Level Economics 1.1.4 Production possibility frontiers. 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.

Lessons