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Question: What is the implication of the concave slope of the ppc

Posted by: Boateng B. on 26.03.2022

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Answer:

Production possibiity curve or production possibility frontier is concave to the origin because if two or more goods are produced  within a fixed land production will be equal between two products but if only one item is produced, the production will be more if the land is fully utilised.

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