Economy, asked by tanviparmar226, 5 months ago

The opportunity cost of
producing additional units
of a good increases as we
move from left of right on a
production possibility curve
which the chart is ?​

Answers

Answered by CPD007
3

Answer:

I am not so sure but it's the chart of MOC.

hope it helps

Answered by anjalirawat2031
0

Introduction:

The slope of the production possibility curve is the marginal opportunity cost, which is the additional sacrifice made by a corporation when it shifts resources and technology from producing one commodity to producing another.

Explaination:

Since the resources are use specific, every time one more unit of one commodity is produced, more units of the other commodity are sacrificed, resulting in a growing marginal opportunity cost, which leads to the concave shape of PPC to the origin.

Similar questions