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why is a production possibilities curve …

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why is a production possibilities curve concave ?explain.

 

    • Posted by Pinky Kumari 7 years, 3 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Shilpa Kathor 7 years, 3 months ago

    Due to increasing of MOC ( marginal opportunity cost )

    1Thank You

    Savita Rathee 7 years, 3 months ago

    PPC is a graphical presentation of combination of two commodities that can be produced with given resources and technology assuming that resources are fully and efficiently utilised.

    4Thank You

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