Ppc slopes downward due to the following reasons: 1. Substitution effect. 2. Income effect. 3. Diminishing marginal utility.
PPC curve slopes downward for the efficient resouress of another commidty
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Assumptions to determine the PPC is:only 2 goods will be illustratedthe amount of resources is fixedstate of technology is constant
The production possibility curve (PPC) is a two dimensional model, showing how resources can be used to produce two different goods or services or types of good and services. The graph is bowed outwards due to a basic concept used in economics - the principle of increasing cost. If a producer were to produce more of one good or service, the constant in resources and technology would not be able to maintain the previous amount of production of the other good or service. If more of one good or service is produced, the opportunity cost of the reduction of the other good or service increases, therefore the gradient of the curve increases.
Ability.
Unemployment itself is one of the factors as to why the Production Possibility Curve (PPC) is what it is - a frontier where production cannot occur outside of. If unemployment increased, you would see decreases of the the PPC at any given point, that is, closer to the origin.
Massive unemployment will shift the PPC to the left because labour force remains underutilized. The economy will produce inside the PPC indicating underutilization of resources.
Ability.
You are only gaining.
Outer loop.
Inner loop.
A point below the production possibilities curve (PPC) indicates that resources are not being fully utilized. This could be due to unemployment, inefficiency, or resources being used in a suboptimal way. The economy is operating below its maximum potential output.
The PPC in PPC software stands for Pay Per Click. It is used in internet advertising in which the advertiser pays the host website for each directing click. They are generally banner adverts, or the adverts at the side of a website like Google.
Specific gravity of ppc is 3.15
PPC worldwide was created in 1942.
Ppc Racing was created in 1993.