Advertisements
Advertisements
प्रश्न
Explain the behaviour of’marginal rate of transformation’ along a production possibility curve.
स्पष्ट कीजिए
Advertisements
उत्तर
Along a typical concave PPC, the MRT increases as the economy produces more of one good and less of the other. Each additional unit gained requires sacrificing progressively more units of the other good because transferred resources become less suitable for the new use.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
