As we move along the production possibilities frontier,
A)a tradeoff is not possible because nations need all goods.
B)less of both goods can be produced.
C)more of both goods can be produced.
D)the production of one good increases as the production of the other good decreases.
E)the possibility of tradeoffs diminishes.

Question

Quizplus · Accepted Answer

The production possibilities frontier (PPF) illustrates the tradeoffs between two goods. Moving along the PPF involves reallocating resources, which increases the production of one good while decreasing the production of the other.

As We Move Along the Production Possibilities Frontier