Production poddibility frontier is concave shaped as production of one good can be increased only by reducing quantity of another good.

Production poddibility frontier is concave shaped as production of one

1.	Production poddibility frontier is concave shaped as production of one good can be increased only by reducing quantity of another good.
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :<a href="https://interviewquestions.tuteehub.com/tag/production-14556" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCTION">PRODUCTION</a> possibility frontier is concave <a href="https://interviewquestions.tuteehub.com/tag/shaped-3023915" style="font-weight:bold;" target="_blank" title="Click to know more about SHAPED">SHAPED</a> <a href="https://interviewquestions.tuteehub.com/tag/due-433472" style="font-weight:bold;" target="_blank" title="Click to know more about DUE">DUE</a> to increasing marginal <a href="https://interviewquestions.tuteehub.com/tag/opportunity-1137192" style="font-weight:bold;" target="_blank" title="Click to know more about OPPORTUNITY">OPPORTUNITY</a> cost.</body></html>