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प्रश्न
What does a production possibility curve show? When will it shift to the right?
लघु उत्तर
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उत्तर
A PPC shows the maximum attainable combinations of two goods that can be produced with given resources and technology. It shifts to the right when productive capacity increases for example, through growth in the quantity or quality of resources, an increase in labour or capital, or technological improvement affecting both goods.
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