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 commodity decreases.
A production–possibility frontier, production possibility curve, or production possibility boundary, or Transformation curve/boundary/frontier is a curve which shows various combinations of the amounts ...
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Answer:
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 commodity decreases.
Answer:
A production–possibility frontier, production possibility curve, or production possibility boundary, or Transformation curve/boundary/frontier is a curve which shows various combinations of the amounts ...
Explanation:
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