Which of the following is a feature of the production possibility frontier?
A. Points inside the frontier are unattainable
B. It shifts inward with technological progress
C. It is always a straight line
D. It is concave to the origin under increasing opportunity costs
Answer: Option D
Solution (By JKSSB Mock Tests)
The PPF is typically concave to the origin, reflecting increasing opportunity costs as more of one good is produced by reallocating resources from the other good.
Explanation:
Sustainable finance refers to the process of taking environmental, social and governance considerations into account when making investment decisions, with the aim of supporting long-term sustainable economic activities.
Explanation:
The Paris Agreement establishes a framework in which each party submits successive nationally determined contributions (NDCs) outlining its climate actions, with the collective aim of limiting global temperature rise.
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