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Introduction to PPC Concepts

The document discusses the Production Possibility Curve (PPC) and its implications for resource allocation and production technology. It highlights the relationship between production capabilities and employment, as well as the effects of shifts in technology and resources on the PPC. Additionally, it includes various graphical representations and formulas related to production possibilities.

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liitlepearl
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0% found this document useful (0 votes)
13 views6 pages

Introduction to PPC Concepts

The document discusses the Production Possibility Curve (PPC) and its implications for resource allocation and production technology. It highlights the relationship between production capabilities and employment, as well as the effects of shifts in technology and resources on the PPC. Additionally, it includes various graphical representations and formulas related to production possibilities.

Uploaded by

liitlepearl
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

PAGE NO.

RooucToN Phssreru7y foNnER /@URVe


OR
(Pcm
TRANSFOMATON fees FONTIER / euRVE BoUNDARY

Poducien
at cheus e paatle
9kaph
Gulput comblnollons of tiso goodi ilat
puoduced oit auallaole
Can be

and atnology

0luuafeater nypcant ecenesd cOnepl


tuch as seaeity choice and oppoklunPly

dceuplion lnde
lndo PPC /PPE
ResowHceL ae tGecd / iegell
enployment of
tuReueuse
Ressucee eemalhe Unchanqed
Land conclant
Producon lechnology cen slast

2odat /odl/ cerncee,o


pokuce

Piece f lar

(qUAT(ON 2 GTUATION 3

Produc(MRr) Produet (MRr) Produc MeI

AJ (:1
PAGE NO

Klualiou 2 Gnalipn
MRA Cnstant MR9 MET Docrcasina

MRT

RT 7RT
Concare
Con vex
to
\orgin

1 3 54

Mosee desomptisn Under PPC


MRT no LoBeuecee egccallt

|Corcae to Origin (n Coaree)

MRT
2
1
(asrew shos okich procluct's (x or y)
pioductn is 1 Cincear'ag) or descae
efhe puehuck
produchen )
FeuREs / PROPERTEs € PPe
deuned 4loping.
PAGE NO

Con cae

PPC

lmum

Repesenb
Repesent
Uratlalaable
Undulltalsw GR
of Reaoorcer
foRJ Non feetble ng'on
Chdeempleyment
RasocCA

CAN PPC 8E &AIETCD PIV0T


*

poaible ony i

pivoT Or
or Lechnoloqy
hot Concidese

CaUSES Or SHIPTI NG
Rec ousrcel
hang
preducben Toebnelogy
PvoT
KoTATON

Rapausenloproduchan

Conctant nt

Erampler :
Va ReseLsceA PPC shitt left

ecbrology
.. PPc lkfh

(44) Gouves

nauw
pment
"
Eoplaymnt
meving
posshun
Ieusad PPC
S mean

fORMULA

MRTMbc

hatio e change (a) pssduele


Cood I due in ppcakoh !
PAGE NO:

PRooUCTION PossIBIITY QoHDULE

Possibiliheo Gons, Bullelo MOc/MRT


C)
20 19 19
24
|5 4B 34
ain

AB 4G
Cacritied
0|
06 5 59
69

MRT
24

Plottina en

Concae
Cusune

4 56

PROP ERTEB e PP
PPC slopes cleoroaso
loe
aceociatod oth Che declineo psoeluchn

hee a an hveue nelalienchp behseen


PAGE NO:

14nGG pauehom
Pcodn Ballt t
Pscoduclion
gunt
PPC

andl
f
moe
Concae
9atz
c

antocnalon hoAe
emmodiy asce
addiiaa cnE
ie

Laoriticed
anethes t Goed comnodi

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