why ppc is concave to the …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Sakshee Singh 6 years, 5 months ago
- 2 answers
Related Questions
Posted by Niyati Garg 1 year ago
- 0 answers
Posted by Dipika Sharma 1 year ago
- 0 answers
Posted by Mehar Ansari 1 year ago
- 0 answers
Posted by Shruti Singh 1 year, 1 month ago
- 0 answers
Posted by Naman Jain 1 year ago
- 1 answers
Posted by Nandita Sharma 1 year, 1 month ago
- 1 answers
Posted by Rijum Karlo 1 year ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Yogita Ingle 6 years, 5 months ago
Production Possibility Curve (PPC) is concave to the origin because of the increasing opportunity cost. As we move down along the PPC, to produce each additional unit of one good, more and more units of other good need to be sacrificed. That is, as we move down along the PPC, the opportunity cost increases. And this causes the concave shape of PPC.
0Thank You