If we consider the reality that each worker has different skills,then the production possibilities frontier:
A)would have a convex shape.
B)would have a concave shape.
C)would be a straight line.
D)would shift outward.

Question

Quizplus · Accepted Answer

When each worker has different skills, the production possibilities frontier would have a concave shape because as more of a certain good is produced, the opportunity cost of producing that good increases as resources must be shifted away from producing other goods where those skilled workers would be more productive. This leads to decreasing marginal returns and a concave shape.

If We Consider the Reality That Each Worker Has Different