Using Production Possibility Curve To Identify Inefficiency, Economic Growth, Opportunity Cost...

A Simple Guide to Understand Nigeria Economy And Global Economies With The Help Of Production Possibility Curve(PPC).

[@OluwaseunIdon-ni7gr]

Wow ❤

[@nelisafreitas739]

Brilliant, thank you so much

[@parisdettorre3008]

Very well done and comprehensive explanation.

[@abayomiayinde2214]

Excellent.. well explanatory and well detailed!!

[@carolyneo9299]

Thanks you for your help

[@abiodunlukumon5747]

Extremely analytical and detailed. Thank you teacher Haboy...

[@ecoplushaboy457]

Thank you.

[@jamony0]

Knowledge well impacted,I really appreciate sir
God bless

[@ecoplushaboy457]

And you too!

[@nosiphomdletshe2744]

Ow my god thank you so much

[@solominamashanda8416]

This is my first time doing Economics but am very grateful and thank teacher Haboy you were explaining so good and understandable i actually gained a lot.

[@2as1]

Ne sub here! Love the channel and will be watching further!!

[@ecoplushaboy457]

Thank you!

[@sherifalabi]

Awesome…
What does the downward slope of the ppc indicate?

[@stephenbotwey3947]

Hello sir good day, I want to ask this question with aid of a diagram explain the economic growth of a country

[@ecoplushaboy457]

Growth and development being a continuous thing... The economic growth of a country is denoted by the continuous outward shift in the PPC. Thus, when the PPC shifts outright outwardly, it leads to more produce of both consumer and capital goods and this is termed complete economic growth. However, when the shift is only peculiar to one good, say consumer or capital good, such is termed partial economic growth.