Economy, asked by amitoj11commercehhps, 8 months ago

Q4: "Two Production Possibility curves intersect each
other." Explain this statement.

Answers

Answered by amansingh587

Answer:

yes , it is possible for two production possibility curves to intersect each other ..... if the technology used in production of good A is in appreciation mode and that of good B is in depreciation mode, then the production possibility curves of the two will meet at the point of intersection

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