It (PPC) is a graphical ( 📊 ) representation ( example) of two goods. Which shows if one goods is produced more than other, then other goods has to reduce because of limited Resources ( it could be your oil, milk, machine, or gas etc).
The production possibility curve can be defined as the combination of two goods that can be produced in a full employment, full-production economy where the available resources and technology are fixed
It's clear to understand ..thanks sir
WHAT IS THE FORMULA FOR CALCULATING OPPORTUNITY COST
Such an interesting 💯keep it up and keep going💯🙏
❤Alhamdulilah it was hard for me to understand but am good to go
A fan from Gambia 🇬🇲
Better than my teacher
So easy to understand🥺🥺♥️ as i was having a hard time coping up with our economic lesson.
Very easy to understand than fambles in class hours
This video is what a need it. Thank you!
Wow thank you you saved me👌
This is so useful , thank you so much!
One question please.
May you calculate the opportunity cost of producing bread at point D
Awesome video!
the best video ever!!
How do we find the inefficient and the impossible points?
Thanks for this man!
easy to understand thanks
Good 😊 class sir
Why cant produce point a and b within ppf/ppc
You are best
Atleast I have got some idea,abt it😊
What name is given to the price
Thanks brother
Thank You
Wow
Can you define production possibility curve
It (PPC) is a graphical ( 📊 ) representation ( example) of two goods. Which shows if one goods is produced more than other, then other goods has to reduce because of limited Resources ( it could be your oil, milk, machine, or gas etc).
The production possibility curve can be defined as the combination of two goods that can be produced in a full employment, full-production economy where the available resources and technology are fixed
Umetisha
Well economic
Asante
thanks
African teachers and lecturer are making education difficult for us
Its totally wrong 🤬🤬🤬🤬🤬
Thanks