Question

A country produces two commodities X and Y. Its production possibilities are shown in the following table:
Possibility
A
B
C
D
E
F

Commodity Y
20
14
9
5
2
0

Commodity X
0
1
2
3
4
5

Calculate marginal rate of transformation (MRT):
Construct a PPF with the help of the various possibilities.
Comment on the shape of PPF along with its reason.​

Answer 1

Explanation:

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