Term Gallery logo

Meanings of production possibility curve in English

Russian
кривая производственных возможностей
Portuguese
curva de possibilidade de produção
Spanish
frontera de posibilidades de producción
Catalan
frontera de possibilitats de producció

A production–possibility frontier (PPF), production possibility curve (PPC), or production possibility boundary (PPB), or Transformation curve/boundary/frontier is a curve which shows various combinations of the amounts of two goods which can be produced within the given resources and technology/a graphical representation showing all the possible options of output for two products that can be produced using all factors of production, where the given resources are fully and efficiently utilized per unit time.

See more
        кривая производственных возможностей
        Usage of production possibility curve in English
        1
        Figure 36 confronts the social welfare function with the Production Possibility Curve (PPC).
        Definition & Reality in the General Theory of Political Economy
        2
        Figure 34 plots the production possibility curves and the SWF indifference maps of the two situations.
        Definition & Reality in the General Theory of Political Economy