Effect of

government police
on ppc
 Introduction of ppc

 Graphically bounding the production set for fixed input quantities, the PPF curve shows
the maximum possible production level of one commodity for any given production level
of the other, given the existing state of technology. By doing so, it defines productive
efficiency in the context of that production set: a point on the frontier indicates efficient
use of the available inputs (such as points B, D and C in the graph), a point beneath the
curve (such as A) indicates inefficiency, and a point beyond the curve (such as X)
indicates impossibility.
 Production–possibility frontier (PPF), production possibility curve (PPC), or production
possibility boundary (PPB), or transformation curve/boundary/frontier is a curve which
shows various combinations of the amounts of two goods which can be produced within
the given resources and technology/a graphical representation showing all the possible
options of output for two products that can be produced using all factors of production,
where the given resources are fully and efficiently utilized per unit time. A PPF illustrates
several economic concepts, such as allocative efficiency, economies of scale,
opportunity cost (or marginal rate of transformation), productive efficiency, and scarcity
of resources (the fundamental economic problem that all societies face).[1]
Moc and.
Mrt
 Maintenance of Certification©
(MOC) is the American Board of
Preventive Medicine (ABPM) board
certification process for assessment
of continuing competencies of
physicians. The ABPM MOC program
continues to evolve to meet
American Board of Medical
Specialties (ABMS)
 MOC refers to the number of units of
a commodity sacrificed for gaining
an additional unit of another
commodity
 MRT is the absolute value of the slope
of the production possibility frontier.
… Generally speaking, the
opportunity cost rises (as does the
MRT’s absolute value) as one moves
along (down) the PPF. As more of
one good is produced, the
opportunity cost (in units) of the
other good increases
 MRT stands for Metro Rail Transit or
Mass Rapid Transit, while LRT stands
for Light Rail Transit. Both, LRT and
MRT are run by the same company
Property of ppc
Slopes downwards to the right: PPC
slopes downwards from left to right.
…
Concave to the point of origin: I t is
because to produce each
additional unit of commodity A,
more and more units of commodity
B w ill have to be sacrificed.
The two basic property of
production possibility curve are: It
slopes
downward from left to right-
Production possibility curve
slopes downward because both
the
variables involve in the equation
are
inv ersely related as one increase
then other one decreases and v ice
versa because the resources are
constant.
Changes in ppc

 Shifts in the production possibilities curve are caused by things that

change the output of an economy, including advances in
technology, changes in resources, more education or training (that’s
what we call human capital) and changes in the labour force.
 Shifters of the Production Possibilities Curve (PPC)
 Change in the quantity or quality of resources.
 Change in technology.
 Trade and etc.
Effect of ppc due to various
government police

 Gst
 Demonsetzation
 Tan dhan jojana
 Skill development
program
 Make in India campions
 Clean India missions
GST ( good
service
tax)
GST will lead to increase in
production potential,
increases the GDP of an
economy. Therefore,
national imcome of the
economy will increase. Due
to increase in national
income with fuller utilisation
of resources, PPC will shift
rightward
Demonetzatio
n
As our economy is ov er
dependent on cash and less
than half of the population
using banking system for their
transactions, demonetisation
affects the trade, production
and consumption activ ities
adv ersely. This shifts the
production possibility curv e
to the left side
Tan dhan jojona
One basic sav ings bank account
is opened for unbanked person.
There is no requirement to
maintain any minimum balance in
PMJDY accounts.
Interest is earned on the deposit
in PMJDY accounts.
Pradhan Mantri Jan-Dhan Yojana
(PMJDY) is National Mission for
Financial Inclusion to ensure access
to financial serv ices, namely, a basic
sav ings & deposit accounts,
remittance, credit, insurance,
pension in an affordable manner.
Under the scheme, a basic sav ings
bank deposit (BSBD) account can
be opened in any bank branch
………
Skill development program and make
in India campion
 Pradhan Mantri Kaushal Vikas Yojana
(PMKVY) is the flagship scheme of
the Ministry of Skill Development &
Entrepreneurship (MSDE). The
objective of this Skill Certification
Scheme is to enable a large number
of Indian youth to take up industry-
relevant skill training that will help
them in securing better things…
 (Sdp)skill development program
 To increase the manufacturing
sector’s growth rate to 12-14% per
annum;
 to create 100 million additional
manufacturing jobs in the
economy by 2022;
 to ensure that the manufacturing
sector’s contribution to GDP is
increased to 25% by 2022 (later revised
to 2025).
 (Mic) make in India campaign
Clean India
mission
Launch year: 2014
Status: Active
Launched by (prime
minister):
Narendra Modi
Location: India
Slogan: One step
towards cleanliness
Key people: Parameswaran
Iyer.
Interpretation of ppc

 PPC curve can be a straight line only if the marginal rate of

transformation (MRT) is constant throughout the curve. A MRT can
remain constant only if both the commodities are equally constant and
the marginal utility derived from their production is also constant.
 The Production Possibilities Curve (PPC) is a model used to show the
tradeoffs associated with allocating resources between the production
of two goods. The PPC can be used to illustrate the concepts of
scarcity, opportunity cost, efficiency, inefficiency, economic growth,
and contractions.
Conclusio
n
 The Production Possibilities Curve (PPC) is a model used to show the
tradeoffs associated with allocating resources between the production
of two goods. The PPC can be used to illustrate the concepts of
scarcity, opportunity cost, efficiency, inefficiency, economic growth,
and contractions.
 The possibilities curve illustrates the limits that an economy has, which
drives us to a conclusion that in order to achieve efficiency, the
proportion of produced goods and services must be regulated and
managed correctly. PPC helps the government to use the limited
resources in an efficient manner