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What will happen to PPC if resources are used efficiently (gst) applied? |
Answer» Here PPC will shift leftward , because GST is applied (from point taxes are applied or subsidies are removed)<br>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.<br>PPC will shift leftward<br>What\'s the meaning of GST in this question<br>Production will be on PPC | |