Question : In which situation, PPC can be a straight line due to:
Option 1: Decreasing
Option 2: Constant
Option 3: Increasing
Option 4: None of the above

Question

Question : In which situation, PPC can be a straight line due to:

Option 1: Decreasing

Option 2: Constant

Option 3: Increasing

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Constant

Solution : The cost of society's decision to choose between two different goods is depicted by the production possibility curve. PPC can be a straight line because of constant MRT. Hence, the correct option is 2.

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Question : In which situation, PPC can be a straight line due to:Option 1: DecreasingOption 2: ConstantOption 3: IncreasingOption 4: None of the above

Related Questions

Question : PPF can be convex to the origin ifOption 1: MRT is decreasingOption 2: MRT is increasingOption 3: MRT is constantOption 4: None of these

Question : What will be shape of demand curve:Option 1: Straight line Option 2: Upward slopingOption 3: Downward slopingOption 4: None of the above.

Question : Due to the greenhouse effect:Option 1: the temperature of the Earth is decreasingOption 2: the temperature of the Earth is increasingOption 3: the temperature of the Earth is constantOption 4: No option is correct

Question : Which trend is found about the distance between the galaxies?Option 1: ConstantOption 2: IncreasingOption 3: UnpredictableOption 4: Decreasing

Question : The market rate of exchange also reveals information about the _____.Option 1: Slope of PPCOption 2: Slope Indiiffrecne CurveOption 3: The slope of budget lineOption 4: None of the above

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Question : In which situation, PPC can be a straight line due to:
Option 1: Decreasing
Option 2: Constant
Option 3: Increasing
Option 4: None of the above

Question : PPF can be convex to the origin if
Option 1: MRT is decreasing
Option 2: MRT is increasing
Option 3: MRT is constant
Option 4: None of these

Question : What will be shape of demand curve:
Option 1: Straight line
Option 2: Upward sloping
Option 3: Downward sloping
Option 4: None of the above.

Question : Due to the greenhouse effect:
Option 1: the temperature of the Earth is decreasing
Option 2: the temperature of the Earth is increasing
Option 3: the temperature of the Earth is constant
Option 4: No option is correct

Question : Which trend is found about the distance between the galaxies?
Option 1: Constant
Option 2: Increasing
Option 3: Unpredictable
Option 4: Decreasing

Question : The market rate of exchange also reveals information about the _____.
Option 1: Slope of PPC
Option 2: Slope Indiiffrecne Curve
Option 3: The slope of budget line
Option 4: None of the above