67 051
Assignments Done
99,3%
Successfully Done
In November 2018

Answer to Question #2259 in Microeconomics for mishi

Question #2259
Why PPF curve become concave?
Expert's answer
When the opportunuty cost is increasing or decreasing the PPF curve becomes concave.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

rajat kaushik
14.08.11, 09:08

Price elasticity of supply of a commodityis 1.2 is its supply elastic or inelastic and why?

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions