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Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost3 Marks
Question
Why is a Production Possibility Curve concave to the origin? Explain.
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Answer

It is concave to the origin because of increasing MOC (MRT) i.e. in producing an additional unit of a commodity more and more units of the other commodity are to be sacrified, as no resource is not equally efficient in production of both the goods.

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