Uploaded October 2022 | Updated September 2026, 45 minutes ago
Production Possibility Frontiers/Curves (PPF) - Opportunity Cost & the Economy - Year 1/AS Level Economics
In this video we look at Production Possibility Curves/Frontiers (PPF) and how they illustrate the efficiency and productivity of the economy. We also look at the role of gradient in the curve and how opportunity cost is illustrated with the diagram. Also how the economy may expand over time.
Production Possibility Frontiers/Curves (PPF) - Opportunity Cost & the Economy - Year 1/AS Level Economics
In this video we look at Production Possibility Curves/Frontiers (PPF) and how they illustrate the efficiency and productivity of the economy. We also look at the role of gradient in the curve and how opportunity cost is illustrated with the diagram. Also how the economy may expand over time.
