Define Production Possibilities Curve. Explain why it is downward slop

1.	Define Production Possibilities Curve. Explain why it is downward sloping from left to right.
Answer» <html><body><p></p>Solution :PPC is the curve which shows the combinations of two <a href="https://interviewquestions.tuteehub.com/tag/goods-1009877" style="font-weight:bold;" target="_blank" title="Click to know more about GOODS">GOODS</a> and services that can be <a href="https://interviewquestions.tuteehub.com/tag/produced-592947" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCED">PRODUCED</a> with fuller the utilisation of a <a href="https://interviewquestions.tuteehub.com/tag/given-473447" style="font-weight:bold;" target="_blank" title="Click to know more about GIVEN">GIVEN</a> amount of resources in the most efficient way and with a given production technology.PPC curve is downward sloping from <a href="https://interviewquestions.tuteehub.com/tag/left-1070879" style="font-weight:bold;" target="_blank" title="Click to know more about LEFT">LEFT</a> to right. This is because the production of every additional unit of one <a href="https://interviewquestions.tuteehub.com/tag/good-1009017" style="font-weight:bold;" target="_blank" title="Click to know more about GOOD">GOOD</a>, more and more units of other goods has to be sacrificed.</body></html>

Define Production Possibilities Curve. Explain why it is downward sloping from left to right.