Economy, asked by vermamohit9042, 1 year ago

If we observe a country for which the production possibilities frontier (ppf) is a straight line, we can conclude for sure that: the opportunity cost of one good in terms of the other good is zero. The opportunity cost of one good in terms of the other good is constant. The opportunity cost of one good in terms of the other good is increasing with production. People prefer to consume both goods, thus both will be produced in equilibrium.

Answers

Answered by anshsaini451
0

Explanation:

yeah I understood ur Q bt what we have to tell in this Q

Similar questions