seminar-type classess for сФ305

Hello 

АХМЕД АХМЕД МОХАМЕД 

Oukkal amir 

Saad Khoukhi 

До свидания 

Ахмед Ахмед Мохамед 

Pelinsu kara

Production

Possibrlities curve

(PPC)

100

80

60

4O

20

E

20 10 60

80

Capital Goods (millions Per year)

b- Meaning of a Point on the PPC

• A point onthe PPC (A-F) = Productive efficiency: all avarlable resoarces and technology ore fully used; to produce more of one god you must give up some of the other.
• A PomE inside the PPC = Trefficiency / unemPloyment (some resources idle).
• A Point Outside the PPC= currently unattaî-nable with exiting resources/ technology (Passible in the

future with