On a production possibilities frontier a trade-off can be illustrated as:
A) an outward shift.
B) an inward shift.
C) a movement from a point inside the frontier to one on the frontier.
D) a movement along the frontier itself.

Question

Quizplus · Accepted Answer

A trade-off on a production possibilities frontier is illustrated by a movement along the frontier itself, representing the opportunity cost of choosing more of one good over another.

On a Production Possibilities Frontier a Trade-Off Can Be Illustrated