Lecture 5: Production Possibility frontier (PPF)

In business analysis, the production possibility frontier (PPF) is a curve that illustrates the variations in the amounts 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. It can be used to demonstrate the point that any nation's economy reaches its greatest level of efficiency when it produces only what it is best qualified to produce and trades with other nations for the rest of what it needs. The PPF is also referred to as the production possibility curve or the transformation curve.
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[@swarnalatamohapatra8077]

All information covered.
Thanks maam

[@vicky32475]

This is really helpful ❤

[@chiragacharya9344]

Very Nice lecture ma'am 🙏🏻
Thank You Very Much 🙏🏻

[@snehakanneboyena9559]

Very easy way of explanation and unique tq mam🙂 ..nxt video uploaded MCQ related to production economics ❤️🙏🙏

[@economicsataglancebyshruti8459]

Ok sure
I will try to add soon

[@snehakanneboyena9559]

@@economicsataglancebyshruti8459 good evening mam if possible plz do video on MCQ in demand,market structure, production economics these topics are little bit confusing it will help us in jrf exam alot mam 🙏🙏🙏

[@subhrajyotipanda521]

Very well explained ma'am..
Keep adding more videos..