why PPC concave to the origin
Answers
Answered by
0
pay-per-click. - ppc means
Answered by
0
Answer:
PPC is concave to the origin because of increasing Marginal opportunity cost. This is because inorder to increase the production of one good by 1 unit more and more units of the other good have to be sacriced since the resources are limited and are not equally efficient in the production of both the goods.
Explanation:
Similar questions