Economy, asked by nb9971016504, 10 months ago

Why is production possibility curve concave to the point of origin​

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Answered by Anonymous
6

Answer:

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Answered by xttiiittugtdg
3

Answer:

The sale of PPF is commonly drawn as concave to the origin to represent increaseing opportunity cost with increased output of a good. Thus, MRT increase in absolute size as one move from the top left of the PPF to the bottom right of the PPF.

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