Question : If there is a technological degradation and/or decrease in resources with respect to both the goods, it is known as ________.
Option 1: Rightward shift in PPF
Option 2: Leftward shift in PPF
Option 3: Rotation on X axis
Option 4: Rotation on Y axis
Correct Answer: Leftward shift in PPF
Solution : Leftward shift in PPF refers to a decline in resource availability and/or technical advancement with regard to both products. Hence, the correct option is 2.
Question : When there is an advancement of technology in respect of both the goods it is known as
Question : When there is a growth of resources, a concave "production possibility curve" will:
Question : $\left(4 x^3 y-6 x^2 y^2+4 x y^3-y^4\right)$ can be expressed as:
Question : Find the coordinates of the points where the graph $57x – 19y = 399$ cuts the coordinate axes.
Question : What is the equation of the line whose y-intercept is 4 and is making an angle of 45° with the positive x-axis?
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