W ha t p urp ose d oes p ro ductio n p ossib ili ty fr o ntie r s e rv e ( P PF)? W ha t is th e p oin t o r w ha t d oes it s ho w ? T he m ain p oin t o f p ro ductio n p ossib ili ty fr o ...

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W ha t p urp ose d oes p ro ductio n p ossib ili ty fr o ntie r s e rv e ( P PF)? W ha t is th e p oin t o r w ha t d oes it s ho w ?
T he m ain p oin t o f p ro ductio n p ossib ili ty fr o ntie rs is to illu str a te th e c o nce pt o f o pportu nity c o st.
E co no m ic a lly s p eakin g , e ve ry d ecis io n h a s a n o pportu nity c o st. W he ne ve r o ne c ho ose s to u se r e so urc e s fo r o ne th in g ,
th o se r e so urc e s c a nno t b e u se d fo r s o m eth in g e ls e . If th e U S e co no m y c ho ose s to m ake x n um ber o f...
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