microeconomics Ppc Decreasing Opportunity Cost
calculating opportunity cost on the PPF a decrease in output that occurs due to the under-utilization of resources; in a graphical model of the PPC, a contraction is represented by moving to a point Increasing opportunity cost | Microeconomics | Khan Academy That would cause the corn side of the PPC to move outward. This shift would also increase the opportunity costs of producing robots while decreasing the Production Possibility Curve: Why a Straight Line/Bow-Shaped? In this AS Level Economics session, we explain Constant Opportunity Cost on the PPC, a scenario where trade-offs between two ...