Shifting VS Rotating the PPC | WITH EXAMPLES | Think Econ
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- čas přidán 22. 09. 2023
- In this video we look at shifting and rotating the production possibilities curve in economics!
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I was so tensed about my exam one night before...but ur channel helped me get through it...thanks for such an amazing explanation!!
You’re welcome! I hope you did well! :)
The best explanation on PPC I've come across! Thank you for continuing to make these videos.
Thank you so much ❤
this was helpful
Glad to hear it!
Nice explanation!! Thank you.
You're very welcome!
What is PPC
The production possibilities curve. We’ve got a couple of other videos on the channel explaining how it works, but essentially you have two goods, one on each axis. The PPC shows you the possible combinations of goods you can make with a fixed amount of factors of production! To make more of one good, you must give up production of the other
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