What is production posiblity curve .I can\'t understand please help me

1.	What is production posiblity curve .I can\'t understand please help me
Answer» It is a graphical representation of all possible combination of goods.<br>Thanks<br>\xa0Production Possibility Curve (PPC) also known as\xa0Production Possibility Frontier (PPF) is a graphical representation of all the possibile combinations of two goods that can be produced in an economy given the available resources and technology.The two main characteristics of PPC are:\tSlopes downwards to the right: PPC slopes downwards from left to right. It is because in a situation of fuller utilisation of the given resources, production of both the goods cannot be increased simultaneously. More of commodity A can be produced only with less production of commodity B.\tConcave to the point of origin: It is because to produce each additional unit of commodity A, more and more units of commodity B will have to be sacrificed. Opportunity cost of producing every additional unit of commodity A tends to increase in terms of the loss of production of commodity B. Production will act upon the law of increasing marginal opportunity cost.

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