In case, an etrepreneur's capital stock shrinks overtime then what will be its impact on ppc?
Akanksha,
Answer given by Vishesh is correct. This is because if an entrepreneur's capital stock shrinks overtime, it will lead to reduction in production capacity and PPC shift leftwards.
Answer given by Vishesh is correct. This is because if an entrepreneur's capital stock shrinks overtime, it will lead to reduction in production capacity and PPC shift leftwards.