production techniques

What Is Meant By Production Possibility Curve?

by

What Is Meant By Production Possibility Curve? In business analysis, the production possibility frontier (PPF) is a curve illustrating the varying amounts of two products that can be produced when both depend on the same finite resources. The PPF demonstrates that the production of one commodity may increase only if the production of the other

What Does The Production Possibility Curve Illustrates?

by

What Does The Production Possibility Curve Illustrates? In business analysis, the production possibility frontier (PPF) is a curve that illustrates the possible quantities that can be produced of two products if both depend upon the same finite resource for their manufacture. PPF also plays a crucial role in economics. What is the production possibility curve