Question

what is the relation between marginal opportunity cost and ppc​

Answer 1

Answer:

The slope of production possibility curve is marginal opportunity cost or marginal rate of transformation which refers to the additional sacrifice that a firm makes when they shift resources and technology from production unit of one commodity to the other commodity in an economy

Explanation:

please mark me as brainlist

Answer 2

$<font color =teal >$

The slope of production possibility curve is marginal opportunity cost or marginal rate of transformation which refers to the additional sacrifice that a firm makes when they shift resources and technology from production unit of one commodity to the other commodity in an economy.

Increasing Marginal Opportunity Cost along a PPC means that Δ loss of Y / Δ gain of X tends to increase as more and more of resources are shifted from Y to X, that is why PPC is concave to the origin.

• Hope it's help dear.....