Production Possibilities Curve (PPC) Review | Think Econ

preview_player
Показать описание
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 just getting started so if you enjoyed the content, let us know by liking, commenting, sharing, and subscribing to the channel; it really helps us out. ALOT. We release weekly videos on Thursdays covering all things ECONOMICS!

If you have a great idea that you'd like featured, let us know in the comment section.

If you're interested in daily content, consider following us on Twitter or Instagram.

Enjoy, and have a great weekend!

~The THINK ECON Team
Рекомендации по теме
Комментарии
Автор

Finally i have learnt something from PPF

MusiimentajBarbie
Автор

As you showed how many pianos and guitars that can be produced, can i please know which is the best point to produce these goods?

shaliniarivalagan