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What will happen to PPC if resources are used efficiently (gst) applied? |
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Answer» Here PPC will shift leftward , because GST is applied (from point taxes are applied or subsidies are removed) It\'s given that resources are efficiently used . There is not any increase in resources or upgradation of technology.So the production will be on PPC and there\'s not any type of shifting of PPC. PPC will shift leftward What\'s the meaning of GST in this question Production will be on PPC |
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