SHIFTS & ROTATIONS IN PRODUCTION POSSIBILITY CURVE
Learning Contents: Shifts in PPC Rotations in PPC Change in Production Possibility Curve (Shifting/Rotation) The change in the Production Possibility curve can be of two types: Shift in PPC: PPC will shift when there is a change in productive capacity (resources or technology) with respect to both the goods. Rotation of PPC: PPC will rotate when there is a change in productive capacity (resources or technology) with respect to only one good. Shifts in PPC: The shift in PPC can either be rightward or backward. These shifts bring about a change in the production of both go...
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