The production possibility frontier (PPF) is a curve that represents the maximum possible output combinations of two goods or services that can be produced using all available resources. It illustrates the trade-offs that must be made when allocating resources between the production of different goods or services. The PPF shows the limits of what an economy or individual producer can produce given their available resources and technology. Points along the curve represent efficient allocation of resources, while points inside the curve indicate underutilization of resources and points outside the curve indicate unattainable levels of production.
