If a production possibilities frontier (PPF) is a downward sloping bowed outward

Question

If a production possibilities frontier (PPF) is a downward sloping bowed outward curve, it follows that

the opportunity cost (of producing the good on the horizontal axis) first rises and then falls as more of the good is produced.

the opportunity cost (of producing the good on the horizontal axis) falls as more of the good is produced.

opportunity costs are constant between two the goods.

the opportunity cost (of producing the good on the horizontal axis) rises as more of the good is produced.

the opportunity cost (of producing the good on the horizontal axis) first rises and then falls as more of the good is produced.

the opportunity cost (of producing the good on the horizontal axis) falls as more of the good is produced.

opportunity costs are constant between two the goods.

the opportunity cost (of producing the good on the horizontal axis) rises as more of the good is produced.

Explanation / Answer

as we move down the concave ppf with two goods , we can say that the opportunity cost of the good on horizontol axis increases at an increasing rate, thus we are able to substitute less of Y so as to produce more of x as we move down the PPf of concave shape.

so answer si D

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