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  • 14-01-2020
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Economists typically depict the ppf as a bowed out curve rather than as a straight line in order to show that_________.

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  • 14-01-2020

Answer:

Economists typically depict the PPF as a bowed-out curve rather than as a straight line in order to show that the opportunity cost of producing one good rises as more goods are produced. Those points lying beyond the production possibility frontier (PPF) represent results which cannot be attained with the current level of technology and resources.

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