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Question
Production possibility curve slopes downwards from ______ to ______.
Options
Left to right
Right to left
Up to down
Down to Up
MCQ
Fill in the Blanks
Solution
Left to right
Explanation:
Production The graphical representation of conceivable combinations of two things that can be created with given resources and technology is referred to as a possibility curve. From left to right, PPC slopes downward. Because the production of both items cannot be raised in a circumstance where provided resources are fully used. Only with fewer Goods Y can more of Goods X be created.
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Concepts of Production Possibility Frontier
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