I'm curious bcus I just had my first lesson on this and I'm not sure. But if I were to obtain a unattainable point, can the graph be a real horizontal straight line till a point when it sudd curves down to the X axis?
Any shape is possible. It just depends on the very condition of the economy you are illustrating.
In case you wonder, you can even get an upward sloping ppf.
No big deal.
Originally posted by SBS2601D:In case you wonder, you can even get an upward sloping ppf.
No big deal.
:o upward sloping? never heard of that! it means that as I produce more of a good I get even more of another good? how is that possible? can you explain please hehe thanks :)
Originally posted by mrchn::o upward sloping? never heard of that! it means that as I produce more of a good I get even more of another good? how is that possible? can you explain please hehe thanks :)
Yes you can...producing more capital goods for example will induce (under usual conditions) more consumer goods.