The quantity of shoes produced is measured along the horizontal axis of a PPF and the quantity of shirts is measured along the vertical axis. As you move down toward the right along the PPF, the marginal cost of

Question

Quizplus · Accepted Answer

As you move down towards the right along the PPF, the marginal cost of shoes increases. This means that the opportunity cost of producing an additional pair of shoes increases as you produce more of them, leading to a steeper slope of the PPF in the shoe direction. Therefore, choice B is the correct answer.

The Quantity of Shoes Produced Is Measured Along the Horizontal