The production possibility frontier will be parabolic if constant return to specialization is observed.

Name: The production possibility frontier will be parabolic if constant return to specialization is observed.
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Constant returns to specialization mean that the units of resources required to produce a good are assumed to remain constant no matter where one is on a country's production possibility frontier. Thus the production possibility frontier will be a straight line.

The Production Possibility Frontier Will Be Parabolic If Constant Return