Production possibilities curve (PPC)

Learn how the production possibilities curve is used to illustrate scarcity, opportunity costs, and changes in technology in this lesson.

Production possibilities curve

Opportunity cost

Increasing opportunity cost

PPCs for increasing, decreasing and constant opportunity cost

Production Possibilities Curve as a model of a country's economy

Interpreting graphs of the production possibilities curve (PPC)

Calculating opportunity costs from a production possibilities curve (PPC)