Economy, asked by rabinapokhrel73, 1 year ago

how does the concept of opportunity cost can be used in PPC?

Answers

Answered by Anonymous

In ppc to produce more of one commodity we have to sacrifice some units of other commodities. Also opportunity cost is the cost of next best alternative sacrificed. That's why ppc curve also called opportunity cost curve.

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ammu15102001: simple and easy to understand...tks yaar !

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