Opportunity cost is represented on the production possibilities frontier by

Name: Opportunity cost is represented on the production possibilities frontier by
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Question

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Opportunity cost is represented on the production possibilities frontier (PPF) by the amount of one good that must be forgone to produce more of another good. This is because the PPF illustrates the trade-offs between two goods, showing how producing more of one good results in producing less of the other due to limited resources.

Opportunity Cost Is Represented on the Production Possibilities Frontier by