The bowed-out (concave)shape of a production possibilities frontier illustrates

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The bowed-out shape of the production possibilities frontier shows increasing opportunity cost, meaning that as the production of one good increases, the opportunity cost of producing the other good increases at an increasing rate. This is because the resources that are best suited for producing one good may not be as well suited for producing the other good, and as more and more resources are diverted towards producing the first good, the opportunity cost of producing the second good increases.

The Bowed-Out (Concave)shape of a Production Possibilities Frontier Illustrates