Answer :


The change in actual output of Goods X and Y over the two periods

would be represented by a movement from A1 to A2


Straight line.

The Marginal Rate of Transformation (MRT) is constant. The Production

Possibility Curve, so formed, would be a straight line to the origin.

Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses

When does the shiEconomics - Board Papers

What happens to tEconomics - Board Papers

Define fixed costEconomics - Board Papers

What is the relatEconomics - Board Papers