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Give the characteristics of production possibility …

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Give the characteristics of production possibility frontier
  • 3 answers

Ajay Kumar 7 years, 11 months ago

Concave becoz of increasing MRT not moc

Lovely Lovely 7 years, 11 months ago

1. Down ward sloping due to the inverse relationship between two commodity 2. Concave to the origin due to the increasing MOC.

Manish Bansal 7 years, 11 months ago

1. Concave to the origin. 2. Slopes downward.
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