Science, asked by nnishachoure, 4 months ago

concavity of PPC implies is.

Answers

Answered by Abhinav78036

1

Explanation:

PPC is concave to the origin because of increasing Marginal opportunity cost. This is because inorder to increase the production of one good by 1 unit more and more units of the other good have to be sacrificed since the resources are limited and are not equally efficient in the production of both the goods.

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