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why does slope of ppc ic …

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why does slope of ppc ic concave to the origin

    • Posted by Geetu Singhal 6 years, 8 months ago

    CBSE > Class 12 > Economics
    • 5 answers

    Vishal Iyer 6 years, 8 months ago

    Ppc is concave to origin because of increasing moc Another point to be note that Ppc can become negative also when moc decreases. .(not in syllabus but)

    0Thank You

    Ishmeet Kaur 6 years, 8 months ago

    Because it is based on the assumption that the resources are not equally efficient in the production of all goods due to which MOC increases.

    1Thank You

    Yashii . 6 years, 8 months ago

    PPC slopes downward bcz of the increase in MRT as the production of one good has to be minimise to increase the production of another good .

    2Thank You

    Zeenat Anees 6 years, 8 months ago

    It is concave because marginal opportunity cost is increasing

    1Thank You

    Abhishek Attri 6 years, 8 months ago

    Because of increasing MRT

    1Thank You

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