Chapter 9 The Price Puzzle What Drives the Market - Part 2

Why does a PPC generally slope downward?

Type: MCQ • Marks: 1
Why does a PPC generally slope downward?
Options
A. Both goods can always increase together
B. Resources are unlimited
C. Producing more of one good requires giving up some of another
D. Consumers dislike both goods
Explanation
Explanation: Scarce resources create a trade-off between alternative outputs.
Want to attempt the full test series with a timer and instant score? Purchase the package to unlock the complete test. Purchase Now
Class 9th Understanding Society India and Beyond, Part I

Practice more

This page is indexed for search so students can find questions directly from Google.

Purchase Full Access View full Test Series Browse Test Series
Login / Register
Chat on WhatsApp Go Back Top