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Answer» Hello!!!!!!!
Here is the answer of your question:-----
DEFINE OF PPC...... PPC is the curve showing different combinations of two GOODS that can be produce at the given resources.......
PROPERTIES OF PPC...... there are two properties of PPC-----
1 PPC is convex to the origin ..... as PPC shows the marginal opportunity cost and it's tends to rise in PPC so PPC is convex to origin.....
2 PPC slopes downwards..... if we produce a good then we have to SACRIFICE the other ONE so it is DOWNWARD sloping......
ASSUMPTIONS OF PPC.......
1 Resources are given
2 Resources are fully and efficiently used
3 Technology remains constant....
I HOPE it may works ....
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