According to the production possibilities curve PPC, points A, B, and C on the PPC curve shows the most efficient use of resources by the economy.
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What do you mean by Production Possibilities Curve?</h3>
The Production Possibilities Curve (PPC) is regarded as model that takes scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services.
The points on the interior of the PPC are inefficient, the points on the PPC are efficient, and and the points beyond the PPC are unattainable.
Conclusively, The production possibilities curves show efficiency, growth, cost and also the productive capacity of an economy.
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