Opportunity Cost and PPFa

Part 1 of two part video- Plotting production possibilities frontier, calculating opportunity costs, and discussing why the PPF is bowed outward (concave to the origin).
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2 Responses to Opportunity Cost and PPFa

  1. alexnam55 says:

    If you have these variables of Food on the Y or Vertical Axis 22, 18, 13, 7, and 0. And on the X or Horizontal Axis you have the variables for Clothing 0, 1, 2, 3, 4. What is the Marginal and Total Opportunity Cost? Could you mail me the answers so I can compare with what I got? Thanks

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