Question

3. Concavity of PPC implies :
a) Increasing slope ,
b) Decreasing slope,
c) Constant slope,
d) None of these.

4. Which of the following is related to the problem “ how to produce”?
a) Factorial distribution of income ,
b) The choice of technique ,
c) The choice of product ,
d) None of these.​

Answer 1

Answer:

3.c)Constant slope

4.a)Factorial distribution of income

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Answer 2

Explanation:

a) Increasing slope