basudevsent basudevsent
  • 19-06-2022
  • Business
contestada

Why PPC is concave and IC is convex????

Respuesta :

sourgrps
sourgrps sourgrps
  • 19-06-2022

Answer: Because of the growing marginal rate of transformation, PPC has a concave shape. It means that more and more units of one commodity are sacrificed in order to obtain an extra unit of another. Because of the diminishing marginal rate of transformation, PPC has a convex shape.

Answer Link

Otras preguntas

A carpet costs $15 per square foot. (when calculating the price any fraction of a square foot is counted as a whole square foot) If the area you want is 19.7 sq
The Internet may best be compared to a/an
If n=4 what is the value of 6n-3?
Is the square root of 0.25 rational or irrational? PLEASE explain
what is the basic concept of making movies? what is TV Broadcasting?
How do you find the value of 5x-7=7x-17? And 3x+9=44-2x and 3x+6=x+2
why might you want to use the commutative property to change the order of the intergers in the following sum before adding?-80+(-173)+(-20)
In a parking lot there are 5 blue cars 3 yellow cars 4 white cars and 8 red cars. What fraction of cars are blue? We said 1/4 of the cars are blue. Is that corr
Kevin ran 4 miles more than Steve ran. The sum of their distances is 26 miles. How far did Steve run? The domain of the solution is {0, 4, 11, 22}.
How did Americans feel immediately after September 11, 2001?