The production possibilities curve. We’ve got a couple of other videos on the channel explaining how it works, but essentially you have two goods, one on each axis. The PPC shows you the possible combinations of goods you can make with a fixed amount of factors of production! To make more of one good, you must give up production of the other
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The best explanation on PPC I've come across! Thank you for continuing to make these videos.
I was so tensed about my exam one night before...but ur channel helped me get through it...thanks for such an amazing explanation!!
You’re welcome! I hope you did well! :)
Very helpful thank you ❤
this was helpful
Glad to hear it!
Thank you so much ❤
Nice explanation!! Thank you.
You're very welcome!
What is PPC
The production possibilities curve. We’ve got a couple of other videos on the channel explaining how it works, but essentially you have two goods, one on each axis. The PPC shows you the possible combinations of goods you can make with a fixed amount of factors of production! To make more of one good, you must give up production of the other
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Promo-SM 😠
Wabula okimala dia