A PPF bows outward because
A)not all resources are equally productive in all activities.
B)resources are used inefficiently.
C)entrepreneurial talent is more abundant than human capital.
D)consumers prefer about equal amounts of the different goods.

Question

Quizplus · Accepted Answer

A PPF (Production Possibility Frontier) bows outward because not all resources are equally productive in all activities, leading to increasing opportunity costs as more of one good is produced.

A PPF Bows Outward Because