Introduction Chapter 1 Class 11 Economics

What is the production possibility curve (PPC)?🤔 #jatinrajpal #ppc #jatinrajpaleconomics #shorts

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What is the production possibility curve (PPC)?

A production possibility curve (PPC) is a graph that shows the limits on producing two different things with limited resources. It helps us understand the trade-offs and how efficiently resources are used. The curve reflects opportunity costs and the impact of technology. When the curve shifts outward, it means the economy can produce more of both things.

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Production Possibility Curve – Introduction | Class 11 Economics

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✅ In this video,

✔️ Class: 11th
✔️ Subject: Economics (Microeconomics)
✔️ Chapter: Introduction
✔️ Topic Name: Production Possibility Curve

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