Economy, asked by Anonymous, 5 months ago

con two PPF intersect each other class 11 economic ​

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Answered by Anonymous
9

Answer:

Yes, it is possible for two Production Possibility Curves to intersect each other. ... If the technology used in production of good A is in appreciation mode and that of good B is in depreciation mode, then the production possibility curves of the two will meet at the point of intersection.

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Answered by Anonymous
5

Answer:

Yes, two Production Possibility Curves can cross each other. ... Therefore, a simultaneous change in the technologies of Good X and Y causes the final PPC to intersect the origin PPC at point E.

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