production possibility curve

noun

An economic curve, showing the maximum combinations/possibilities of goods and services that can be produced in a set amount of time given the limited available resources.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounproduction possibility curve (plural production possibility curves)

plural production possibility curves

  1. An economic curve, showing the maximum combinations/possibilities of goods and services that can be produced in a set amount of time given the limited available resources.
Cite this entry
APA

production possibility curve. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/production%20possibility%20curve

MLA

“production possibility curve.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/production%20possibility%20curve. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “production possibility curve,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/production%20possibility%20curve.

Source: production possibility curve on Wiktionary, CC BY-SA 4.0.