Economists believe that production possibilities frontiers rarely have a bowed shape.

Name: Economists believe that production possibilities frontiers rarely have a bowed shape.
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Economists often illustrate production possibilities frontiers (PPFs) with a bowed-outward shape to reflect increasing opportunity costs. As production shifts from one good to another, more and more resources are required to increase production of the second good, leading to a bowed shape.

Economists Believe That Production Possibilities Frontiers Rarely Have a Bowed