What is PPC explain with diagram?

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Related questions

  1. Why production possibility curve is convex?
  2. What shifts the PPC outward?
  3. How is PPC affected by unemployment in the economy with diagram?
  4. Why is PPC called opportunity cost?
  5. Why is PPC known as transformation curve?
  6. How is marginal benefit measured?
  7. What is transformation curve?
  8. What do you mean by PPC or PPF?
  9. What are the assumptions of PPC?
  10. Why is PPC Convex to origin?

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