Question

The shape of an ideal PPC is due to which of the following
a) Decreasing Marginal Opportunity b) Increasing Marginal Opportunity Cost cost
c) Increasing Marginal Rate of Substitution
d) Constant Marginal Rate of Substitution rket is a study​

Answer 1

Answer:

c)is answer I am in 10std

Answer 2

The shape of an ideal PPC is due to the Increasing Marginal Rate of Substitution

• PPC or production possibility curve tends to showcase the combination of two commodities along the curve
• the shape is concave to the origin due to the increasing MRS
• A shift in the PPC curve shows the economic growth
• the slope even tells about the opportunity cost of the commodity
• The PPC curve is also known as the transformative curve

Thus, the answer is Option C