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| 1. |
What does the downward slope of PPC indicate ? |
| 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> :It indicates that increases in <a href="https://interviewquestions.tuteehub.com/tag/production-14556" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCTION">PRODUCTION</a> of one good will <a href="https://interviewquestions.tuteehub.com/tag/bring-402271" style="font-weight:bold;" target="_blank" title="Click to know more about BRING">BRING</a> <a href="https://interviewquestions.tuteehub.com/tag/fall-983217" style="font-weight:bold;" target="_blank" title="Click to know more about FALL">FALL</a> in the production of the other good as quantity of available resources is fixed.</body></html> | |