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At any point of underutilization/any point inside of the curve
production possibilities curve convex to the origin. Elson Mendoza was here.
the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.
it really good
yes
At any point of underutilization/any point inside of the curve
production possibilities curve convex to the origin. Elson Mendoza was here.
no
the possibility production curve show production that can be produces using minimum resources whereas the possibilty productive frointer show the attainable levls of production.
it really good
yes
Any point on the PPC curve
A production possibilities curve illustrates how efficient an economy is by indicating the possibly opportunities in the economy. This will also illustrate the relevant costs entailed in the production.
Only two products can be shown on a single production possibilities graph
It shows a range of two product quantities that may be created from limited resources. By Lecho648
A point that lies outside a country's production possibilities curve means that the country is not able to produce. The possibility curve shows how a country can efficiently produce.
Attainable, but the economy is inefficient.