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Definition of Production possibilities curve

Production possibilities curve Definition from Social Science Dictionaries & Glossaries
Environmental Economics Glossary
All combinations of the maximum amounts of goods that a society can produce with the available resources and technology.
Production possibilities curve Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
In economics, a production–possibility frontier (PPF), sometimes called a production–possibility curve, production-possibility boundary or product transformation curve, is a graph representing production tradeoffs of an economy given fixed resources. It is a graphical representation of the maximal mix of outputs that an economy can achieve using its existing resources to full extent and in the most efficient way.

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