If a country takes advantage of the comparative advantage of some resources over others, its production possibility curve is likely to be:
A) flat.
B) straight.
C) bowed outward.
D) bowed inward.

Question

Quizplus · Accepted Answer

A production possibility curve (PPC) is bowed outward when a country takes advantage of comparative advantage, as it reflects increasing opportunity costs and the efficient allocation of resources to produce goods where they have a comparative advantage.

If a Country Takes Advantage of the Comparative Advantage of Some