5. In which situation, can PPC be straight line:
a. When MRT is decreasing.
b. When MRT is increasing.
c. When MRT is constant.
d. None of these
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Answered by
4
Answer:
The answer is a option A
Answered by
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Hi there!
Your Answer :-
PPC can be a straight line only when MRT will be constant.
If both the commodities are constant, then the MRT will be also constant.
In these Lines,
PPC stand for Production Possibility Curve.
MRT stand for Marginal Rate Of Transformation.
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