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Why PPC is concave to origin …

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Why PPC is concave to origin ?

    • Posted by Ritesh Kumar 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Gaurav Seth 7 years ago

    • It is downward sloping because few units we sacrifice for another. As there exist inverse relationship between change in the quantity of one commodity and change in the quantity of then other commodity
    • PPC is concave shaped because more and more units of one commodity are sacrificed to gain an additional unit of another commodity.

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