The production possibilities frontier is

Question

Quizplus · Accepted Answer

The production possibilities frontier (PPF) represents the maximum output that can be produced with the given resources and technology. It is downward sloping because it reflects the tradeoffs in choices that a producer has to make between producing alternative goods or services. When the producer chooses to produce more of one good or service, it must give up producing some amount of the other good or service. This tradeoff is represented by the negative slope of the PPF. Therefore, option A is the best choice as it correctly describes the PPF.

The Production Possibilities Frontier Is