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How does production possibilities curve differ from production possibilities frontier?

In: School Subjects, Economics [Edit categories]

Answer:

the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.

First answer by ID0702388386. Last edit by ID0702388386. Question popularity: 1 [recommend question].

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Relevant answers:

What is a production possibility frontier curve?
Basically the PPC represents the hypothetical amount of two different goods that could be obtained by using resources from the production of one for the production of the other. It also describes...
What is the example of production possibility frontier?
guns vs butter
Where is scarcity on a production possibility frontier?
represented by the points outside the Production possibility frontier
What is the production possibilities frontier?
"Maximum output given resources and technology." Usually represented on a graph with good y on the y axis and good x on the x axis. Usually a line segment connects points on either axis that denote...
Where is scarcity on a production possibility curve?
Scarcity, on a PPC (PPF) is implied by the bowed (concave-down) shape of the curve, since there is a restriction on how much can be produced and, to get more of something, one must give away...