What is production possibility curve explain with diagram?

Related questions

1. What causes PPC to shift outward?
2. How does a PPC show opportunity cost?
3. How is PPC affected by unemployment in the economy with diagram?
4. Why is the PPC curve concave?
5. Why is PPC linear?
6. What does concavity of PPC indicate?
7. What is slope of PPC?
8. How can a production possibilities curve shift outward?
9. Why production possibility curve is convex?
10. What is PPC schedule?

Tags

1. #resources
2. #curve
3. #quantities
4. #condition
5. #diagram
6. #different
7. #graph
8. #defined
9. #produced
10. #under
11. #goods
12. #production
13. #other
14. #possibility
15. #words
16. #limited
17. #represents
18. #combinations
19. #available
20. #economy