if ppc shifts to the right will it always be parallel to the original curve? explain giving reason.
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if ppc shifts to the right will it always be parallel to the original curve? explain giving reason.
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This condition output to increase so the production possibilities curve shifts outward or to the right.
On other side let's tell a major war which causes destruction of capital equipment in a country.
This will cause resultant to decrease so in this case the output possibilities curve shifts inward or to left.