why the production possibility curve slopes downward from left to right?
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It slopes downward from left to right- Production possibility curve slopes downward because both the variables involve in the equation are inversely related as one increase then other one decreases and vice versa because the resources are constant
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Production Possibility Curve refers to the graphical representation of possible combinations of two goods that can be produced with given resources and technology. PPC slopes downwards from left to the right. It is because, in a situation of fuller utilization of given resources, production of both the goods cannot be increased.
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