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Q. Which of the following is a reason for the curvature or bowed-out shape of the PPF?
  • a)
    Falling unemployment as we move along the curve.
  • b)
    The economy having to produce less of one good in order to produce more of another good.
  • c)
    Opportunity costs increase as more of a good is produced.
  • d)
    None of the above.
Correct answer is option 'C'. Can you explain this answer?
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Q.Which of the following is a reason for the curvature or bowed-out shape of the PPF?a)Falling unemployment as we move along the curve.b)The economy having to produce less of one good in order to produce more of another good.c)Opportunity costs increase as more of a good is produced.d)None of the above.Correct answer is option 'C'. Can you explain this answer?
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Q.Which of the following is a reason for the curvature or bowed-out shape of the PPF?a)Falling unemployment as we move along the curve.b)The economy having to produce less of one good in order to produce more of another good.c)Opportunity costs increase as more of a good is produced.d)None of the above.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Q.Which of the following is a reason for the curvature or bowed-out shape of the PPF?a)Falling unemployment as we move along the curve.b)The economy having to produce less of one good in order to produce more of another good.c)Opportunity costs increase as more of a good is produced.d)None of the above.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Q.Which of the following is a reason for the curvature or bowed-out shape of the PPF?a)Falling unemployment as we move along the curve.b)The economy having to produce less of one good in order to produce more of another good.c)Opportunity costs increase as more of a good is produced.d)None of the above.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Q.Which of the following is a reason for the curvature or bowed-out shape of the PPF?a)Falling unemployment as we move along the curve.b)The economy having to produce less of one good in order to produce more of another good.c)Opportunity costs increase as more of a good is produced.d)None of the above.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
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