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PPC curve slopes downward for the efficient resouress of another commidty

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โˆ™ 2012-07-27 11:45:05
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Q: Why does a production possibility curve have a downward sloping curve?
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Related questions

Is The aggregate demand curve downward sloping for the same reason that the demand curve for a single good is downward sloping?

true because it is still supply and demand downward sloping


Is the demand curve always downward sloping?

Yes,it's always downward sloping


How does a market demand curve differ from a demand curve How are they similar?

downward sloping


The law of demand implies that the demand curve is?

downward-sloping


What are the other names for production possibility curve?

other names for production possibility curve are: production possibility boundary production possibility frontier transformation curve.


What are the other names for production possibility frontier?

production possibility curve production possibility boundary transformation curve.


The law of demand is illustrated by a demand curve that is.......?

downward sloping


Characteristics of production possibility curve?

It slopes downward towards right:this shows that we will have to reduce the production of one commodity to increase the production of the another commodity.


What are the other names for production possibility boundary?

other names for production possibility boundary are: production possibility curve production possibility frontier transformation curve.


What is the relation between slope of demand curve and price?

It is negative, or downward sloping


What is the demand curve faced by a pure monopolist?

The demand curve faced by a pure monopolist is of downward sloping in shape.


Importance of production possibility curve in allocation resources?

Importance of production possibility curve in allocation resources

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