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1.5.1 nature and meaning of a production possibility curve (PPC)
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What a PPC Shows

What a PPC Shows

Production possibility curve with hamburgers on the vertical axis, laptops on the horizontal axis, and points inside, on and beyond the curve

A production possibility curve, or PPC, shows the maximum combinations of two goods an economy can produce when its available resources and technology are used fully and efficiently. One good is placed on each axis.

1.5.1 nature and meaning of a production possibility curve (PPC) Lesson

  1. Intl A Level
  2. /Economics
  3. /1.5.1 nature and meaning of a production possibility curve (PPC)

Step-by-step lessons on CIE Intl A Level Economics 1.5.1 nature and meaning of a production possibility curve (PPC). Each one builds up to exam-style questions.

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