PPC is concave when marginal opportunity cost (MOC) [1]
a. Falls c. Rises
b. Remain constant d. All of these
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d all of these is the answer
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The slope of production possibility curve is marginal opportunity cost which refers to the additional sacrifice that a firm makes when they shift resources and technology from production of one commodity to the other. Therefore, if marginal opportunity cost remains constant then PPC will be a straight line owing to constant slope.
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