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 Glossary   >   P   >   "Production Possibility Frontier - PPF" Definition   

        Production Possibility Frontier - PPF

A curve depicting all maximum output possibilities of two or more goods given a set of inputs. The PPF assumes that all inputs are used efficiently.

Production Possibility Frontier - PPF
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Production Possibility Frontier - PPF - A curve depicting all maximum output possibilities of two or more goods given a set of inputs. The PPF assumes that all inputs are used efficiently.


Production Possibility Frontier - PPF : a curve depicting all maximum output possibilities of two or more goods given a set of inputs. the ppf assumes that all inputs are used efficiently.