Can PPC be a straight line and when?Explain with an example
Let us take an example, suppose there are two goods, say, apple and oranges.
theoretically it is possible. If we assume that marginal oppurtunity cost is constant or the slope of ppc ic constant then PPC can be a straight line.moreover, MOC can be constant only in the situation when we assume that all the resources are equally efficient in production of all goods.
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