Economy, asked by pg778924, 10 months ago

Explain slope/rate of PPC with proper respective curve​

Answers

Answered by ʙʀᴀɪɴʟʏᴡɪᴛᴄh
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.

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