Question

which of the following are the ideas (or assumptions) underlying the ppc model? check all that apply. fixed resources fixed technology flexible technology unlimited human resources an imaginary economy of buranda produces two goods: windmills and light - sabers. if all the resources were devoted to producing windmills,

Explanation:

The Production - Possibility Curve (PPC) model assumes fixed resources and fixed technology. Fixed resources mean the quantity and quality of resources available for production are constant in the short - run. Fixed technology implies that the level of production techniques does not change during the period considered. It does not assume flexible technology or unlimited human resources.

Answer:

Fixed resources, Fixed technology