Production Possibility Frontier

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Production Possibility Frontier

A graphical representation of the possible outputs using two or more inputs assuming that all inputs are used efficiently. For example, if one wishes to determine the most efficient use of raw material and labor to make as much of a product as it efficient, one may design a PPF that would show all possible production outputs, which is shown as a curve. One would then find the most efficient point on a curve and use resources accordingly.
References in periodicals archive ?
The treatment of this case in Garrison's framework, however, is not as straightforward as the previous case because the horizontal axis in the market of loanable funds and the PPF measure investment, not consumption.
Kestel then rums to the intellectual members of the PPF.
Therefore, while the Government is committed to reviewing the structure of the PPF, it is unlikely that your benefits would be reduced (particularly as they are already in payment).
The houses are to be built on plots of lands offered by the PPF to the prisoners," Jassem Muhammad Jaafar said during a press conference held in al-Kufa University hall after a celebration thrown by the PPF.
The move comes in the wake of the government-backed report of the Sports Betting Integrity Panel, chaired by Rick Parry, and has been driven by Josh Apiafi, former chief executive of the Professional Jockeys Association, which is a member of the PPF.
Under the terms of the joint venture deal, PPF Group has taken control of real estate assets, chiefly retail outlets and some development projects, previously owned by Russian businessman Igor Yakovlev, Eldorado's founder and main stockholder prior to the transaction.
The PPF currently collects [pounds sterling]700 million ($1.
A subsidiary of PPF Group NV last week called for an extraordinary shareholders meeting of Zentiva so minority shareholders can learn more about an offer made by Sanofi-Aventis.
The PPF also slammed the killing of four aid workers, employees of the International Rescue Committee (IRC), in the Logar province.
We believe this action led to the introduction of the PPF and was directly involved in the FAS coming in to being.
Italian insurer Generali Group is joining forces with Czech international financial group PPF Group to combine their Central and Eastern Europe business to create a new insurer.
This happens automatically - when a company scheme collapses, the PPF steps in.