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PPC is nothing but providing the better understandment of trade offs by an individual or society, it also referred as production possibilities frontier.
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What does PPC stand for in economics?
PPC stands for Production Possibility Curve.
What do you mean by point of inflection in micro-economics?
It is the same as it is in calculus: Its the point on a curve where the rate of the rate of change of the curve flips.
Micro-Economics is also called?
micro economics is also called?
Who is first use a word of Micro economics?
Who is first use a words of micro economics & macro economics
Give the differences between micro and macro economics?
ten difference of micro economics macro economics
What does PPC stand for in economics?
PPC stands for Production Possibility Curve.
What do you mean by point of inflection in micro-economics?
It is the same as it is in calculus: Its the point on a curve where the rate of the rate of change of the curve flips.
Micro-Economics is also called?
micro economics is also called?
Who is first use a word of Micro economics?
Who is first use a words of micro economics & macro economics
Give the differences between micro and macro economics?
ten difference of micro economics macro economics
10 related features of micro economics?
10 examples of micro economics
How does PPC graph of unemployment looks like?
There is no shift in the PPC.Only a dot is marked within the curve(Not on the curve) in the exact center of the two axes.The shape of the PPC is concave to the origin.
Why does a production possibility curve have a downward sloping curve?
PPC curve slopes downward for the efficient resouress of another commidty
What are the basic division in economics?
micro economics and macro economics
Macro economics and micro economics?
macro is a root for large, while micro is, of course, small
Give the 2 division of economics?
Micro economics and macro economics
What are the scopes of macro economics?
same as of micro economics
