Question on: SS2 Economics - Meaning of Production Possibility Curve (PPC)
The slope of the PPC represents:
View related lesson
A
The rate at which resources are being utilized
B
The rate at which the economy is growing
C
The rate at which one good must be sacrificed for an additional unit of the other good
Ask EduPadi AI for a detailed answer
Correct Option: C
Add your answer
Please share this, thanks!
No responses