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Answered

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The productions possibilities curve (PPC) model can represent all of the following EXCEPT

a. efficiency
b.quality
c. scarcity
d. opportunity cost
e. growth

Sagot :

Answer: quality

Explanation:

the production possibility curve is simply defined as a curve that shows the amounts of two goods or services that an economy can produce when the available resources are utilized.

It should be noted that when the quantity of a good or service is increased, it affects the other one and there'll be a reduction in the other good. Also, it shows how efficiently the resources that such economy has can be used. Furthermore, it represents scarcity and growth.

A shift of the production possibility curve also means that there's either an increase in economic growth or a decline in the economic growth.

It should be noted that the PPC doesn't represent quality.

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