The Ricardian model employs the concept of alternate uses of economic
Resources in production.We refer to this technique as:

Question

Quizplus · Accepted Answer

The concept of alternate uses of economic resources in production is illustrated through the production possibilities frontier (PPF) in the Ricardian model. The PPF shows the different combinations of production that an economy can achieve given its limited resources and technology, and the concept of opportunity cost is central to this analysis. Therefore, choice A is the best option as it accurately represents the technique used in the Ricardian model.

The Ricardian Model Employs the Concept of Alternate Uses of Economic