Question

plzz answer this question ...
Why IC has a negative slope and PPC has a positive slope​

thank you so much Mr satyajit.. ​

Answer 1

The slope of a production possibilities curve illustrates the tradeoff between the production of two goods. This tradeoff occurs due to limited resources. If all available resources are engaged production, then an increase in the production of one good requires a reduction in the production of the other good.

The indifference curves must slope down from left to right. This means that an indifference curve is negatively sloped. It slopes downward because as the consumer increases the consumption of X commodity, he has to give up certain units of Y commodity in order to maintain the same level of satisfaction.

Hope it helps...

Answer 2

Answer:

The given production possibility curve has a negative slope because of inverse relationship between the production of Product X and production of Product Y. ... This results in a downward sloping PPC owing to inverse relationship between the production of the commodities.

Explanation:

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