A tradeoff is illustrated by
A) a point inside the PPF.
B) a point outside the PPF.
C) a change in the slope of the PPF.
D) the negative slope of the PPF.

Question

Quizplus · Accepted Answer

The negative slope of the Production Possibility Frontier (PPF) illustrates a tradeoff, indicating that to produce more of one good, some quantity of another good must be given up, reflecting opportunity cost.

A Tradeoff Is Illustrated by