(3/3) The Production Possibilities Frontier – Economic Lowdown

Описание к видео (3/3) The Production Possibilities Frontier – Economic Lowdown

The final segment uses the production possibilities frontier to demonstrate how, in the real world, opportunity cost increases as production increases. This is a difficult concept made simple using the Production Possibilities Frontier.

Part of the Economic Lowdown Video Series. Instructors, learn more at: https://www.stlouisfed.org/education/...

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