Explore BrainMass
Share

PPF: Output of Consumer and Military Goods

See the attachment. What is the opportunity cost of increasing consumer output from OF to OD? Be specific.

© BrainMass Inc. brainmass.com August 18, 2018, 2:11 am ad1c9bdddf

Attachments

Solution Preview

When the economy is producing OF units of consumer goods, it must be producing OG units of military goods. When ...

Solution Summary

This solution uses a graphic to illustrate the opportunity cost of increasing the output of consumer goods.

$2.19