what is
 






 

Question by  zubairkhan (13)

What is a Production Possibility Frontier?

 
+5

Answer by  LeheckaG (1826)

PPF/production-possibility-frontier, "production-possibility-curve", or "product-transformation-curve" is an economic-graph showing for (2)products, how much of each can be concurrently/simultaneously produced by an economy given a certain-limited set of conditions/resources.

 
+3

Answer by  les59 (852)

A Production Possibility Frontier is a Chart that shows what the maximum production of a product is based on a set fixed price. It helps to calculate what the maximum amount of money can be made on a set amount of investment.

 
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