Question

Which production possibilities frontier (PPF) reflects increasing opportunity costs?

Answer 1

bowed-out shape

Step-by-step explanation:

Each type of good requires a different set of production resource. When the opportunity cost increases the production possibility frontiers tends to have a bowed-out shape. The reason for bowed-down shape is, goods need different production process and tools, that is why the firms have to choose which goods they want to produce and which are not feasible.