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Why ppc curve is concave

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Why ppc curve is concave

    • Posted by Jiya Patel 7 years, 6 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Kanika Mastana 7 years, 6 months ago

    Yes shivangi is right..i forgot to mention that..

    2Thank You

    Shivangi Goel 7 years, 6 months ago

    Yes .....and due to this MOC tends to rise thus PPC is concave....

    2Thank You

    Kanika Mastana 7 years, 6 months ago

    Because to increase the production of any commodity we need to sacrifice the production of another owing to limited resources..

    3Thank You

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