ECONOMICS
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Detailed explanation-1: -The Production Possibilities Curve (PPC) is a model used to show the tradeoffs associated with allocating resources between the production of two goods.
Detailed explanation-2: -A production possibilities curve in economics measures the maximum output of two goods using a fixed amount of input.
Detailed explanation-3: -In total, there are 3 types of production possibility curves. Namely, straight line sloping down, concave and convex. When the line is sloping downwards, it shows that there will be less production of one good and more of the other which will always remain constant.
Detailed explanation-4: -Meaning. It is a graphical representation of all the possible combinations of two goods that can be produced by the optimum (fuller) utilisation of available resources and the given technology.