Economy, asked by themastah6444, 1 year ago

What will be the effect on ppc of bihar if better job opportunities are created in bihar?

Answers

Answered by preeti4274
5
Bihar will be considered as good city . Known for his employment
Answered by topanswers
35

Effect on production probability curve (ppc) of the given scenario is explained below.

Generally, when the outcome of economy is increased, ppc will shift to the right. Whereas, decrease in economy makes the ppc to shift to the left.

If better job opportunities are created in Bihar, then the output of the economy increases.

So, the production possibilities curve shifts outward (i.e) towards the right.

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