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CBSE Notes 2011-2012 » XII-Economics

INTRODUCTION TO MICRO ECONOMICS

Can PP curve be a straight line ?

Short answer question

Can PP curve be a straight line ?

What does a movement from a point within the production possibility frontier to a point on the front...

Short answer question

What does a movement from a point within the production possibility frontier to a point on the frontier indicate ?

Define production possibility curve. OR What is a production possibility ...

Short answer question

Define production possibility curve.
OR
What is a production possibility frontier ?

Define marginal opportunity cost. Or Define 'Marginal Rate of Transformation'.

Short answer question

Define marginal opportunity cost.
Or
Define 'Marginal Rate of Transformation'.

Give meaning of opportunity cost.

Short answer question

Give meaning of opportunity cost.

Why is a PPC concave ?

Short answer question

Why is a PPC concave ?

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