Opportunity Lost
Opportunity Cost 'The sacrifice otthenertb.es/-alternatiretorgone
capital
gY *
-
-
- - -
1 All points on PPF represent :
I
◦
maximum efficiency
I
-1
•
Alltop employed
y, -4
- - - - -
- - -
,
maximum output being preaucedofrdgoods
◦
1
I
1 1
74 Xz Consumer
goods
shifts of PPF
capital
void goods
good
→
consumer consumer
goods
goods
Improvement> inqualitytquantityotfop
for both goods
Opportunity Cost 'The sacrifice otthenertb.es/-alternatiretorgone
capital
gY *
-
-
- - -
1 All points on PPF represent :
I
◦
maximum efficiency
I
-1
•
Alltop employed
y, -4
- - - - -
- - -
,
maximum output being preaucedofrdgoods
◦
1
I
1 1
74 Xz Consumer
goods
shifts of PPF
capital
void goods
good
→
consumer consumer
goods
goods
Improvement> inqualitytquantityotfop
for both goods
