When can ppc be a straight …
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Posted by Khilesh Das 5 years ago
- 2 answers
Yogita Ingle 5 years 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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Khilesh Das 5 years ago
0Thank You