Question

Under which condition an economy will not operate on the PPC?​

Answer 1

False: PPC is concave shaped due to increasing marginal opportunity cost. Question 11. Economy can never operate outside PPC with the given resources and technology. Answer: True: Economy can never operate outside PPC with the given resources and technology as all points outside PPC are unattainable.

Answer 2

Hello !

Economy can never operate outside PPC with the given resources and technology as all points outside PPC are unattainable.

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