Why is a PPF bowed outward? – Econ Eye

A student asks… Why is a PPF bowed outward? Why isn’t it just a line? What is a PPF? The quantities of goods and services we can produce are limited by our available resources and by technology. If we want to increase our production of one good, we must decrease our production of something else.…

What are the factors which lead to an outward movement of the production possibility curve? - Quora

Under what circumstances would the production possibility curve be bowed in towards the origin? - Quora

Production Possibility Diagrams - AP Macroeconomics

Why are most production possibility curves outward bowed? - Quora

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Under what circumstances would the production possibility curve be bowed in towards the origin? - Quora

Production Possibility Diagrams – A-level Economics Notes, 60% OFF

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