Economy, asked by jatin9631, 1 year ago

Why PPC curve slope downward

Answers

Answered by nischay1122pdx5j6

2

If the PPF is a straight line as shown in the first graph, then the slope is constant. This means the opportunity cost is also constant. In real life, thePPF will not be linear, it will be adownward sloping curve because of the law of diminishing marginal returns. ... That's why PPC slopes downward.

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