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United StatesEconomicsQuick questions
Unit 1: Basic Economic Concepts
Quick questions on Opportunity cost and the PPC - AP Macroeconomics Topic 1.2
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
State what a point inside the PPC represents and why no opportunity cost is involved in returning to the curve. [2 points]
What is q2?Show answer
Explain why a bowed-outward PPC shows increasing opportunity cost. [2 points]
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