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Nandkishor Jha 2 years, 3 months ago

Technological upgration and increase in resources..
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Shivani Verma 2 years, 3 months ago

Jjaa
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Khanak Gupta 2 years, 3 months ago

ssvb
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Muskan Saha 2 years, 4 months ago

An attainable combination is the set or combination of two goods which is feasible by the economy to manufacture with the available resource allocation and technology.
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Muskan Saha 2 years, 4 months ago

Any economy that is operating on the PPF is said to be efficient, meaning that it would be impossible to produce more of one good without decreasing production of the other good.
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Kunal Agarwal 2 years, 4 months ago

Imagine :- If you have two commodities noodles and spaghetti. If you want to produce spaghetti you will have sacrifice some proportions of resources used to produce noodles or if you have to make noodles you will have to sacrifice some of the resources used to make spaghetti. It means that MOC works on a principle that to gain one additional unit of a commodity an economy needs to sacrifice some number of units of another commodity

Muskan Saha 2 years, 4 months ago

If we want to move from combination A to combination B ,we will produce one additional unit of X but,we will have to for go 2 units of Y.The marginal opportunity cost of X in terms of Y at this stage is 2 units similarly for other combination too can be worked out.

Rishab Raj 2 years, 4 months ago

Hello
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Muskan Saha 2 years, 4 months ago

Macroeconomic depend on microeconomics.the analysis of a whole country only achieved through the analysis of the individual part of the economy. this is because the individual part of the economy make up the entire economy .hence both macro and microeconomic depend on each other.

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