Why is PPC Convex to origin?

Related questions

1. What is marginal rate of transformation?
2. What does a point below PPC indicate?
3. Why production possibility curve is convex?
4. How does a PPC show scarcity?
5. What is the transformation curve?
6. Why is PPF convex?
7. What are the assumptions of PPC?
8. What does a PPC show what are the assumptions about resources and technology in the PPC model?
9. What shifts the PPC outward?
10. When can PPC be a straight line?

Tags

1. #curve
2. #production
3. #origin
4. #therefore
5. #introduction
6. #happen
7. #another
8. #additional
9. #decreases
10. #commodity
11. #units
12. #convex
13. #possibility
14. #opportunity
15. #first
16. #forgone