No products in the cart.

Why does PPC look concave to …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Why does PPC look concave to the origin? ?
  • 1 answers

Yogita Ingle 5 years, 1 month ago

PPC is concave to the origin because of increasing Marginal opportunity cost. This is because inorder to increase the production of one good by 1 unit more and more units of the other good have to be sacriced since the resources are limited and are not equally efficient in the production of both the goods.

https://examin8.com Test

Related Questions

Features of ur
  • 0 answers
Different between primary and secondary data
  • 1 answers
Notes
  • 0 answers
Featured of ur
  • 1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App