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Why PPF have concave to the …

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Why PPF have concave to the origin?

    • Posted by Rishav Chaudhary 7 years, 7 months ago

    CBSE > Class 11 > Economics
    • 2 answers

    Jatin Chhabra 7 years, 7 months ago

    Because if we produce more unit of good X then we have to sacrifice some units of good Y so, MOC is decreasing and it is concave to origin

    1Thank You

    Ayushi Singh 7 years, 7 months ago

    Because of increase in marginal opportunity cost

    3Thank You

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