Question

Why ppc is convex to origin??

Answer 1

hey mate!

Therefore the PPC curve can be convex to the origin when the opportunity cost decreases. This can happen only when less and less units are forgone of first commodity for the introduction of additional unit of another commodity. ... This will lead the Production Possibility Curve to be convex to origin.

Answer 2

the PPC curve can be convex to the origin when the opportunity cost decreases. This can happen only when less and less units are forgone of first commodity for the introduction of additional unit of another commodity. ... This will lead the Production Possibility Curve to be convex to origin.

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