A Reduced Explanation of How We Might Construct a PPF ??This is to give us a better idea about how one could form a PPF in a classroom or experimental setting. This does not mean that the examples used could not or are not good examples or illustrations of a production possibilities curve, but most of the examples used to illustrate the concept are purely theoretical. So, this is a basic example of how we could construct such a curve and illustrate the same concepts of increasing OC, heterogeneous/specialization of resources, and trade offs while going from production of one good to the next (marginal rate of transformation).
AP microeconomics PPF explanation
A Reduced Explanation of How We Might Construct a PPF ??This is to give us a better idea about how one could form a PPF in a classroom or experimental setting. This does not mean that the examples used could not or are not good examples or illustrations of a production possibilities curve, but most of the examples used to illustrate the concept are purely theoretical. So, this is a basic example of how we could construct such a curve and illustrate the same concepts of increasing OC, heterogeneous/specialization of resources, and trade offs while going from production of one good to the next (marginal rate of transformation).
Need Help?
We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.
For general help, questions, and suggestions, try our dedicated support forums.
If you need to contact the Course-Notes.Org web experience team, please use our contact form.
Need Notes?
While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!