What Would It Mean If the Production Possibility Curve Was a Straight Downsloping Line?


If the production possibility curve were a straight downward sloping line, this would mean that there is no demand for the product in the market and that production should cease.
Q&A Related to "What Would It Mean If the Production Possibility..."
When a prod poss curve is a straight line, usually it is an exception, this means that as you produce more of one thing you constantly give up the same proportion of another thing
Some ideas worth looking at: 1. It is curve because the Increasing cost principle: 2. It could be linear [straight line] if both products had the same oportunity cost; in other words
Straight line production possibilities curve
The production Possibilities Frontier is an explanation and visual aid to explain the relationship between products in a 2 product economy. Lets say that an economy only produces
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