What are the assumptions of PPC?

Related questions

1. How can a production possibilities curve shift outward?
2. Why is PPF convex?
3. What causes PPC to shift outward?
4. What is the transformation curve?
5. Can a PPC line be straight?
6. Why is PPC called opportunity cost?
7. Does unemployment affect PPC?
8. What shifts the PPC outward?
9. How does a PPC show opportunity cost?
10. Why is PPF bowed outward?

Tags

1. #technology
2. #quantities
3. #technically
4. #production
5. #resources
6. #underlying
7. #change
8. #efficient
9. #techniques
10. #possibilities
11. #goods
12. #produce
13. #assumptions
14. #analysis