+91-8076753736 support@wiredfaculty.com

Sponsor Area

Introduction

Question

Wired Faculty App

What does a point above PP curve show?

Solution

It shows growth of resources.

Sponsor Area

Some More Questions From Introduction Chapter

(i) Why is PP curve downward sloping from left to right? (D 2006C)

(ii) Why does PP curve look concave to the origin?

Can the PP curve shift?

State factors which cause rightward (upward) shift of PP curve.

How is PPC affected by unemployment in the economy? Explain.

Massive unemployment shifts the PPC to the left. Defend or refute.

What is meant by resources?

What do you understand by the term 'individual' in economics?

What is meant by goods?

Define services.

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation