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Can a ppc curve be a …

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Can a ppc curve be a straight line? Which assumption of ppc decide it shape
  • 3 answers

Gayatri Parashar 7 years, 11 months ago

When MOC is constant the ppc curve be a straight line. Assumptions are - 1) resources are efficiently used. 2) technology remains constant.

Anmol Chauhan 7 years, 11 months ago

Yes,assumption-all resources are not equally efficient

Aradhna Gaur 7 years, 11 months ago

Yes if MRT is constant I.e same amount is sacrificed to gain an additional unit of another commodity.
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