Concept
Version 7
Created by Boundless
Impacts of Technological Change on Productivity
Production-Possibility Frontier (PPF)
This graph illustrates the varying theoretical takeaways from a PPF chart. On this, points B, C, and D all lie on a maximum output level, while A is representative of a realistic but inefficient amount. X is beyond the scope of the PPF graph, and thus requires a technological improvement or increase in supply.
Source
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