Question
When due to a severe  cyclone in a country, lot of people die and many factories are washed away PPC will shift to the left .
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Question
Technological advancement or growth of resources shift the PPC  to the left .
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Question
Production possibility curve may sometimes be convex to the origin ?
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Question
Give two examples of growth of resources .
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Question
Give two examples of underutilisation of resources .
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Question
Define marginal opportunity cost
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Question
What is opportunity cost ?
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Question
When is ppc a straight line ?
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Question
When will production possibility curve will shift towards right ?
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Question
Which factors led to the shift of PPC?
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Question
Try to answer honestly as per your own perspective, professional knowledge and work experience. Answer every question independently and not in a series. You can even answer just one question or more as per your comfort level. I am asking the ...
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Careers 2 years 8 Answers 444 views Silver 0

Question
Does problem of choice is the basic economic problem ?
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Question
Does economic problem arises only because of unlimited wants ?
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Question
State the two characteristics of resources .
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Question
What is the problem of resource allocation ?
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