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there are many factors to consider when usein a ppf as an example. The main being what factors have influenced change.

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A production possibility curve is concave because of the law of diminishing returns. As more resources are allocated to one good over the other, the opportunity cost increases, which leads to decreasing marginal rates of substitution. This results in a concave curve that shows the trade-off between producing different goods.

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Q: Why a production possibility is concave?
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