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Does production takes place only on PPC?

  • a)
      No 

  • b)
    Sometimes 

  • c)
    Yes   

  • d)
    Can’t say

Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Does production takes place only on PPC?a) Nob)Sometimesc)Yesd)Can&rsq...
When all resources are employed on ideal situation, production can take place on PPC
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Most Upvoted Answer
Does production takes place only on PPC?a) Nob)Sometimesc)Yesd)Can&rsq...
Ppc is nothing but a production possibility curve production may takes place in the ppc......... so correct answer is b....
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Community Answer
Does production takes place only on PPC?a) Nob)Sometimesc)Yesd)Can&rsq...
Yes because PPC means production possibility curve... it is a graphic representation of the different possible combinations of two goods which can be produced with the available resources . No doubt the name PPC itself means a curve showing the possibilities of production.
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