CBSE BOARD XII, asked by namiqueen123, 2 months ago

What does negative slope of ppc imply?

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Answered by Nightfury234

3

Answer:

The negative slope of the production possibilities frontier reflects opportunity cost. The opportunity cost of producing more meals is that fewer web pages can be created. Likewise, the opportunity cost of creating more web pages means that fewer meals can be produced. ... Further, it will be able to produce new goods.

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