Economy, asked by mehakpawar, 9 months ago

Explain under what situations the PPC will shift to the left ? ( 4 marks)

Answers

Answered by nidhirandhawa7

Answer:

The PPC shifts towards the left, when there is a technological degradation and/or decrease in resources with respect to both the goods. For example, destruction of resources in an earthquake will reduce the productive capacity and as a result, PPF shifts towards the left.

Explanation:

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