Question
What does PPC stand for in economics, referring to a
graph that illustrates maximum production capabilities?Solution
PPC stands for Production Possibilities Curve, a model that shows the trade-offs in production levels between two choices given limited resources.
Two inlet pipes 'A' and 'B' can fill an empty tank in 36 minutes and 48 minutes, respectively. Another outlet pipe 'C' can empty the tank in 144 minutes...
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Pipes ‘A’ and ‘B’ together can fill a tank in 18 hours, while pipe ‘B’ alone can fill it in 36 hours. If pipe ‘C’ takes 12 hours less th...
Two pipes X and Y can fill a tank in 90 minutes and 60 minutes respectively. A third pipe Z can empty the tank in 2 hours 30 minutes. X is kept closed. ...
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A tank is filled by two pipes A and B in 12 minutes and 15 minutes, respectively. Another pipe C can empty the tank in 10 minutes. If all three pipes ar...
Three pipes A, B, and C can fill a tank in 50 minutes, 60 minutes, and 75 minutes respectively. All are opened together. A is closed after 'n' minutes, ...
Pipe 'A' and pipe 'B', alone can fill a tank in 20 minutes and 30 minutes, respectively. Both the pipes were opened together to fill the tank, but later...
Pipes ‘P’ and ‘Q’ alone can fill a tank in 10 minutes and 25 minutes, respectively, while pipe ‘R’ can empty the same tank in 50 minutes. If...
Vikas and Vishal can do a job in 7 days and 14 days respectively. They began the work together but 4 days before the completion of job, Vikas lea...
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