Why is production possibility curve NOT a straight line?

1 Answer
Konstantinos Michailidis
Sep 24, 2015

Its always drawn as a curve and not a straight line because there a cost involved in making a choice i.e when the quantity of one good produced is higher and the quantity of the other is low.
This is known as opportunity cost.

Related questions
See all questions in Production–possibility frontier
Impact of this question
22265 views around the world
You can reuse this answer
Creative Commons License