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The Production Possibility Curve (PPC) Explained | Economic Growth & Scarcity

YouTubeMicroeconomics with Michael

The Production Possibility Curve (PPC) Explained | Economic Growth & Scarcity

in this video, we provide a deep dive into the Production Possibility Curve (PPC) model. Learn what points on, inside, and outside the curve represent (efficiency, unemployment, and unattainable production). We analyze the factors that lead to economic growth and shift the curve outward, such as technological improvements and an increase in ...

12K views1 month ago

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