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A country produces two goods, A and B it...

A country produces two goods, A and B its production possibilities are shown in the following table. Calculate the values of MRT. Construct of PPF, with the help given possibilities and discuss the shape of PPF.
`{:("Possibilities",A,B,C,D,E,F),("Good A",0,1,2,3,4,5),("Good B",100,95,85,70,50,25):}`

Text Solution

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The correct Answer is:
(MRT;-;5;1 10;1 15;1 20;1 25;1 and PPF will be concave shaped)
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