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Summary
DescriptionProduction Possibilities Frontier Curve.svg |
A diagram showing the production possibilities frontier (PPF) curve for producing "Gun" and "butter". Point "A" lies below the curve, denoting underutilized production capacity. Points "B", "C", and "D" lie on the curve, denoting efficient utilization of production. Point "X" lies outside the curve, representing an impossible output for existing capital and/or technology. Shift of PPF to point "X", will change if there improvement of factors of production (ie Capital and/or technology)
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Date |
18 December 2006 |
Source |
Own work |
Author |
User:Everlong |
Permission ( Reusing this file) |
GFDL und CC-BY-SA-2.5
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Licensing
I, the copyright holder of this work, hereby publish it under the following licenses:
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Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License. http://www.gnu.org/copyleft/fdl.htmlGFDLGNU Free Documentation Licensetruetrue
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