asked 53.7k views
1 vote
.

When creating a PPC, economists assume that

resources are not fixed and that land, labor, and capital can be increased

resources are inefficiently used

only three things can be produced

technology is fixed and that there are no more breakthroughs to improve production methods

1 Answer

7 votes
Technology is fixed and that there are no more breakthroughs to improve production methods.
answered
User Sachin Kelkar
by
9.3k points
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