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Model Paper 4 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 41 Mark
MCQ
If MOC increases, the shape of PPC will be
  • ✓
    Concave
  • B
    Inverted
  • C
    Straight
  • D
    Convex
✓

Answer

Correct option: A.
Concave
(a) Concave
Explanation: MOC refers to the number of units of a commodity sacrificed to gain one additional unit of another commodity. In case of PPF, MOC is always increasing, i.e. more and more units of a commodity have to be sacrificed to gain an additional unit of another commodity.PPF is concave shaped because of increasing marginal opportunity costs, i.e. more and more units of one commodity are sacrificed to gain an additional unit of another commodity.

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