As an economy produces more of one of the goods on a bowed-out production possibilities frontier,what happens to the opportunity cost of producing the good?

Question

Quizplus · Accepted Answer

As an economy produces more of one of the goods on a bowed-out production possibilities frontier, the opportunity cost of producing that good increases. This is because the economy has to give up increasingly larger amounts of the other good to produce each additional unit of the first good. This is reflected in the increasing slope of the production possibility frontier, which captures the increasing opportunity cost.

As an Economy Produces More of One of the Goods