Explain slope/rate of PPC with proper respective curve
Answers
Answered by
4
Question:-
Explain slope/rate of PPC with proper respective curve
Answer:-
Opportunity cost is measured by the slope of the PPC (the change in along y-axis divided by the change along the x-axis). ... This represents INCREASING OPPORTUNITY COST.... The PPC slopes downward and to the right.
Similar questions
English,
5 months ago
Math,
5 months ago
Math,
5 months ago
Math,
10 months ago
Physics,
10 months ago
Social Sciences,
1 year ago
Social Sciences,
1 year ago