Economy, asked by ajungaier69, 7 months ago

when is marginal opportunity cost increasing,decreasing or constant​

Answers

Answered by Anonymous
2

When the PPC is a straight line, opportunity costs are the same no matter how far you move along the curve. When the PPC is concave (bowed out), opportunity costs increase as you move along the curve. When the PPC is convex (bowed in), opportunity costs are decreasing.

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