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PPF
(redirected from Production possibility frontier)

    Also found in: Financial, Acronyms, Wikipedia 0.02 sec.
PPF
Plasma protein fraction, see there
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While the production possibility frontier shows the maximum amounts of output that can be attained for given quantity of available inputs, technical efficiency characterizes the relationship between observed outcome and the potential outcome that could be obtained from a given level of inputs employed (Farrel, 1957).
Benchmarking micro finance institutions in India and determinants of ... by Varman, P. Mahendra / Indian Journal of Economics and Business
In short, for any combination of goods produced--that is, for any point on the production possibility frontier of X and Y--there is an efficient locus of consumption to which A and B will be led by trading.
Social welfare state intervention, and value judgments by Lemieux, Pierre / Independent Review
In 1928, the Soviet Union was at a point like D inside its production possibility frontier (PPF).
A reassessment of the Soviet industrial revolution (1) by Allen, Robert C. / Comparative Economic Studies
 
 
 
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