production possibility curve? for example, on capitalism?
2007-02-07 16:39:07 · 3 answers · asked by . 1 in Social Science ➔ Economics
Suppose we have to make a curve b/w clothes & wheat. Than we ill increase the no. of clothes produce(45)on X-axis, &in wheat we ill take(12)on Y-axis or no. less than cloths. Keep it continue while changing no. of units . Than after u ill get perfect PPC curve
2007-02-07 16:58:52 · answer #1 · answered by ikshu g 1 · 0⤊ 0⤋
wow, this is hard to explain on Y/A.....
it's basically a curve dictating the production potential of the company/country. For an easy answer, just find whre the production point actually is, and just draw a curve from the upper left corner, through the pp, and then ends in the bottom right...
if that makes sense...some things you just can't answer in Y.A
2007-02-07 16:48:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋
with a writng instrument
2007-02-07 16:42:51 · answer #3 · answered by jigadee 4 · 0⤊ 0⤋