Question

Production possibility curve is ______to the origin​

Answer 1

Answer:

The production possibility curve is convex outward from the origin because some of the economy's resources are better able to produce good X than good Y while other resources in the economy are better able to produce good Y than good X. ... Capital resources, can be assumed to be equally able to produce food or housing

Explanation:

Answer 2

A production–possibility frontier (PPF), production possibility curve (PPC), or production possibility boundary (PPB), or Transformation

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