Question

slope of ppc is_____?​

Answer 1

Answer:

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Explanation:

The value of slope at any point on the Production Possibilities Frontier (PPF) curve or Production Possibilities Curve (PPC) indicates the opportunity cost. It is also called as marginal rate of transformation (MRT). Slope of the PPC defines the rate of producing two goods with available resources and technology.

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Answer 2

Answer:

The slope of production possibility curve is the marginal opportunity cost.

Explanation:

It refers to the additional sacrifice that an economy makes when it shifts resources and technology from production of one commodity to the other.