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When can ppc be a straight …

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When can ppc be a straight line?

Posted by Janhavi Das 4 years, 7 months ago

CBSE > Class 11 > Economics

2 answers

Janhavi Das 4 years, 7 months ago

Thanks yogita

Yogita Ingle 4 years, 7 months ago

The slope of production possibility curve is marginal opportunity cost which refers to the additional sacrifice that a firm makes when they shift resources and technology from production of one commodity to the other. Therefore, if marginal opportunity cost remains constant then PPC will be a straight line owing to constant slope.

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