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What is the difference between a point inside and a point on a PPC?
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What is the difference between a point inside and a point on a PPC?

User Sayakiss
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Answer:

The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the P PC are inefficient, points on the P PC are efficient, and points beyond the PPC are unattainable

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User Arfneto
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