0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question

What does slope of PPC show?

Solution
Verified by Toppr

The slope of production possibility curve is marginal opportunity cost or marginal rate of transformation which refers to the additional sacrifice that a firm makes when they shift resources and technology from production of one commodity to the other

Was this answer helpful?
8
Similar Questions
Q1
What does slope of PPC show?
View Solution
Q2
PPC shows an increasing slope.

View Solution
Q3
Slope of PPC indicates
View Solution
Q4

What does the movement from one point to another along a PPC show?

View Solution
Q5
The slope of PPC is called
953772_2391fbe4b0b145a8a7bcd9a3eea757e6.PNG
View Solution