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1.4.1 Definition of PPC

Unit 1.4.1 - Definition of Production Possibility Curve (PPC)This section of the Cambridge IGCSE Economics (0455) syllabus requires students to be able to define the production possibility curve (PPC), as well as to draw and interpret the PPC using appropriate diagrams.A production possibility curve (PPC) shows the potential or maximum combination of any two products that can be produced in an economy, at a particular...

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