What is the slope of PPC? What does it show?

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Slope of PPC refers to MRT (marginal rate of transformation).It shows that in order to produce more units of one good, say X, some units of the other good, say Y must be sacrificed. So slope of PPC= ∆Y/∆X

kratos · Answer 1 · 2021-01-30T11:42:47+0000

Slope of PPC refers to MRT (marginal rate of transformation).It shows that in order to produce more units of one good, say X, some units of the other good, say Y must be sacrificed. So slope of PPC= ∆Y/∆X

What is the slope of PPC? What does it show?

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What is the slope of PPC? What does it show?

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