Economy, asked by jibysunny9348, 8 months ago

Explain oppertunity cost with the help of produ
ction posibility curve

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Answered by Anonymous

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PPF is a line on the production possibility curve that show the maximum possible output an economy can produce. 4. Opportunity Cost Opportunity cost is defined as the value of next best alternative ,so opportunity cost measures the sacrifice we make when we are forced to make choices due to scarcity.Jun 18, 2017

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