A production possibilities frontier with constant opportunity cost is considered
Is the production possibilities frontier’s opportunity cost always the same?
The production possibilities frontier is a straight downward sloping line when opportunity costs stay the same. The production possibility frontier (PPF) is a curve on a graph that shows how much of two different products can be made using the same limited resource. The “production possibility curve” is another name for the PPF (PPC). A very important part of economics is also PPF. For example, it can show that a country’s economy is running as well as it can.