Production Possibilities Curve- Macro Topic 1.2 (Micro Topic 1.3)
Jacob Clifford
0:00 / 0:00
Production Possibilities Curve- Macro Topic 1.2 (Micro Topic 1.3)
488 756 просмотров · 7 лет назад
Jacob Clifford
1,08 млн подписчиков
488 756 просмотров · 7 лет назад
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In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.