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File:Production Possibilities Frontier Curve.svg

Summary

Description

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)
Date 18 December 2006
Source Own work
Author User:Everlong
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( Reusing this file)

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