Economics · Production Possibility Curve
The shape of a standard production possibility curve is typically:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1a straight line parallel to the Y-axis
- 2a straight line parallel to the X-axis
- 3convex to the point of origin
- 4concave to the point of origin✓
Correct answer
concave to the point of origin
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