Production possibility curves: Difference between revisions
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imported>Doug Williamson (Add abbreviation. Source: ACT qualifications material.) |
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(PPC). | |||
A graphical representation of the amount of two products which can be made by an economy, assuming all resources are fully utilised. | A graphical representation of the amount of two products which can be made by an economy, assuming all resources are fully utilised. | ||
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* [[Scarcity]] | * [[Scarcity]] | ||
* [[Supply curve]] | * [[Supply curve]] | ||
Revision as of 09:22, 22 June 2015
(PPC).
A graphical representation of the amount of two products which can be made by an economy, assuming all resources are fully utilised.
