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Increasing MOC mean
  • a)
      Convex PPC 
  • b)
      Inverted PPC 
  • c)
      Concave PPC 
  • d)
      Straight PPC
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Increasing MOC meana) Convex PPCb) Inverted PPCc) Concave PPCd) Straig...
It reflects that as the output of good X is increased,the output of goodY is decreasing. Therefore the shape of ppc becomes concave to the origin. The slope of ppc shows increasing moc which tends to rise when resources are shifted from the production of one good to another .
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Increasing MOC meana) Convex PPCb) Inverted PPCc) Concave PPCd) Straight PPCCorrect answer is option 'C'. Can you explain this answer?
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