A graphical representation of the alternative combinations of the amounts of two goods or services that an economy can produce by transferring resources from one good or service to the other. This curve helps in determining what quantity of a nonessential good or a service an economy can afford to produce without jeopardizing the required production of an essential good or service. Also called transformation curve.

Production Possibility Curve
Production Possibility Curve (PPC) is a graphical representation of the different combinations of two goods that can be produced with the given resources and technology. It shows the maximum amount of one good that can be produced for each possible level of production of the other good.

Also known as Transformation Curve
One of the alternative names for the Production Possibility Curve is the Transformation Curve. This is because the PPC illustrates the concept of transforming resources from the production of one good to another. It demonstrates how resources can be reallocated to produce more of one good at the expense of producing less of the other.

Difference from Demand Curve
The Demand Curve is a graph that shows the quantity of a good that consumers are willing and able to purchase at various prices. It represents the relationship between price and quantity demanded, unlike the PPC which illustrates production possibilities.

Not Supply Curve or Indifference Curve
The Supply Curve shows the quantity of a good that producers are willing to supply at various prices, which is different from the PPC's focus on production possibilities. Indifference Curve, on the other hand, represents all combinations of two goods that provide the same level of satisfaction to consumers, not production capabilities.
In conclusion, the Production Possibility Curve, also known as the Transformation Curve, is a fundamental concept in economics that illustrates the trade-offs between producing different goods with limited resources.

This is because we are transforming from one good to another good . Highly the production of one good, decreases the production of other good assuming state of technology remains constant
.