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CBSE Notes 2011-2012 » XII-Economics

INTRODUCTION TO MICRO ECONOMICS

What does a movement from a point within the production possibility frontier to a point on the front...

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What does a movement from a point within the production possibility frontier to a point on the frontier indicate ?

Can PP curve be a straight line ?

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Can PP curve be a straight line ?

Define marginal opportunity cost. Or Define 'Marginal Rate of Transformation'.

Short answer question

Define marginal opportunity cost.
Or
Define 'Marginal Rate of Transformation'.

Give meaning of opportunity cost.

Short answer question

Give meaning of opportunity cost.

Why is a PPC concave ?

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Why is a PPC concave ?

Why is a PPC downward sloping from left to right ?

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Why is a PPC downward sloping from left to right ?

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