Production Possibilities Curve (PPC) Review | Think Econ
4:02
YouTubeThink Econ
Production Possibilities Curve (PPC) Review | Think Econ
In this video we explain what the Production Possibilities Curve/Frontier (PPC or PPF) is, as well as demonstrate how it relates to other key concepts such as scarcity, trade offs, opportunity cost, efficiency, etc. This is the first graph you are going to learn in your economics class, so we hope you find this video helpful! This channel is ...
25K viewsAug 5, 2021
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