Omnivox 1:37 AM Sun Jun 18 92% Corrected_Assignment_1 . . . Soda PPF C Pizza Using the Production Possibilities Curve (PPC) above, answer the following questions: a) Define in your own words the concept of the production possibilities curve. b) What are the assumptions behind the production possibilities curve? Give a brief explanation of each. c) Define what is meant by the term productive efficiency, and state the letters that correspond to this concept on the graph above.Omnivox 1:38 AM Sun Jun 18 92% J Corrected_Assignment_1 . . . b) What are the assumptions behind the production possibilities curve? Give a brief explanation of each. c) Define what is meant by the term productive efficiency, and state the letters that correspond to this concept on the graph above. d) How do we refer to point B on this graph? Define this term in your own words. e) How do we refer to point C on this graph? Define this term in your own words. f) In your own words, define the concept of economic growth by referring to the graph above. g) In your own words, explain various ways society can achieve economic growth