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What are yhe properties of ppc

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What are yhe properties of ppc

    • Posted by Siddharth Jain 5 years, 10 months ago

    CBSE > Class 11 > Economics
    • 3 answers

    Yogita Ingle 5 years, 10 months ago

    1. Slopes downwards to the right: PPC slopes downwards from left to right. It is because in a situation of fuller utilisation of the given resources, production of both the goods cannot be increased simultaneously. More of commodity A can be produced only with less production of commodity B.
    2. Concave to the point of origin: It is because to produce each additional unit of commodity A, more and more units of commodity B will have to be sacrificed. Opportunity cost of producing every additional unit of commodity A tends to increase in terms of the loss of production of commodity B. Production will act upon the law of increasing marginal opportunity cost.

    0Thank You

    Nashra Sabri 5 years, 10 months ago

    Slope downward,,,and concave to the origin

    0Thank You

    Siddharth Jain 5 years, 10 months ago

    Dhek bha

    0Thank You

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