Question

what are the properties of transformation curve

Answer 1

Heya....

Transformation curve......

It is that curve which shows the different possible combinations of two goods that can be produced at given resources...

@@ It's characteristics....

** This curve slopes downward....

Due to we have to sacrifice one good to transfer from one good to other....

** This curve is concave to the origin..

When shift occur continuously then marginal cost rise it cause it's concavity...