A tradeoff exists when
A)we move from a point within the production possibilities frontier (PPF)to a point on the PPF.
B)we move from a point on the PPF to a point within the PPF.
C)the PPF shifts outward.
D)we move along the PPF.
E)the PPF shifts towards the origin.

Question

Quizplus · Accepted Answer

A tradeoff exists when we move along the PPF because it involves reallocating resources from the production of one good to another, thus sacrificing some quantity of one good to gain more of the other.

A Tradeoff Exists When