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

Question

Quizplus · Accepted Answer

A concave shape of the production possibilities frontier reflects increasing opportunity costs, which occur when workers have different skills and are better suited to producing different goods.

If We Consider the Reality That Each Worker Has Different