The bowed shape of the traditional production possibilities curve reflects the

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The bowed shape of the production possibilities curve is due to the fact that not all resources are equally well-suited to producing all goods. This means that the opportunity cost of producing one good in terms of the other increases as more of that good is produced. As a result, the curve bows outward, reflecting the increasing opportunity cost of production.

The Bowed Shape of the Traditional Production Possibilities Curve Reflects