Answer:
Production possibilities Frontier refers to the frontier which shows the production combination of commodities by available resources and techniques. Properties of production possibilities frontier: (a) Concave to the origin: PPF is concave to the origin as to increase one additional unit of output, more and more units of another good is sacrificed. (b) Downward sloping from left to right: PPF is downward sloping from left to right because more and more units of good are sacrificed to gain one additional unit of another good.
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