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AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.3
Unit 1 – Basic Economic Concepts
1.3 Production Possibilities Curve (PPC)
mixed difficulty
When opportunity cost is constant, the production possibilities curve appears as?
A vertical line.
A bowed-out (concave) curve.
A straight line.
A bowed-in (convex) curve.
Study guides (1)
AP Microeconomics - 1.3 Production Possibilities Curve (PPC)
Key terms
Opportunity Cost
Production Possibilities Curve
Guides
Glossary
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