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1.5.2 shape of the PPC: constant and increasing opportunity costs
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Reading the Shape of a PPC

Reading the Shape of a PPC

Two PPCs comparing increasing and constant opportunity costs, with hamburgers on the vertical axis and laptops on the horizontal axis

A production possibility curve, or PPC, shows the maximum combinations of two goods an economy can produce using its available resources efficiently. Its downward slope represents a trade-off: producing more of one good requires giving up some of the other.

1.5.2 shape of the PPC: constant and increasing opportunity costs Lesson

  1. Intl A Level
  2. /Economics
  3. /1.5.2 shape of the PPC: constant and increasing opportunity costs

Step-by-step lessons on CIE Intl A Level Economics 1.5.2 shape of the PPC: constant and increasing opportunity costs. Each one builds up to exam-style questions.

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